RE:RE:Oh I just love it.......Just sayin..
Some big names in gold mining have subscribed for roughly 45 percent of the shares being offered in this first major HighGold financing:
• Rob McEwen has agreed to invest C$1 million to acquire 2.22 million of the units, giving the gold magnate a 10.1 percent interest in HighGold Mining;
• an unnamed senior North American gold producer has agreed to make a similar purchase of 2.19 million units, for a 9.9 percent stake in the company; and
• a partnership managed by an affiliate of the Sprott Group is investing C$1.4 million to buy 3.18 million units, for a 14.4 percent stake in the new gold explorer.
"We are very pleased to welcome Rob McEwen, Sprott and a senior gold producer, along with a long list of other quality investors who have participated in HighGold's current private placement," said HighGold Mining President and CEO Darwin Green.