Pasofino Gold Limited: Pasofino Gold Announces Closing of $9 Million Marketed Public Offering
Pasofino Gold Limited: Pasofino Gold Announces Closing of $9 Million Marketed Public Offering Pasofino" or the " Offering") of common shares in the capital of the Company (the " Offered Shares"), raising aggregate gross proceeds of $9,000,005. The Offering was conducted on a best-efforts agency basis by Stifel GMP as sole agent and bookrunner (the " Agent"). Pursuant to the Offering, the Company issued 128,571,500 Offered Shares at a price of $0.07 per Offered Share (the " Issue Price"). The Company plans to use the net proceeds from the Offering to fund exploration and development work at th...