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Published on 4/24/2008 in the Prospect News High Yield Daily.

Apollo Gold files $100 million shelf registration

By Devika Patel

Knoxville, Tenn., April 24 - Apollo Gold Corp. filed a $100 million shelf registration in an S-3 filing with the Securities and Exchange Commission.

The registration covers debt securities, common shares and warrants, along with 28,675,000 common shares offered by the selling shareholder.

Proceeds will be used for the exploration and development of Apollo's properties, acquisition, exploration and development of additional properties or interests, working capital and general corporate purposes.

Denver-based Apollo is a gold exploration company.


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