By Devika Patel
Knoxville, Tenn., Feb. 5 - Beaconsfield Gold NL announced it has arranged a private placement of shares for A$4.49 million.
The company will sell 19.5 million shares at A$0.23 per share.
Proceeds will be used to repay debt.
Beaconsfield is a gold mining company based in Melbourne, Australia.
| Issuer: | Beaconsfield Gold NL
|
| Issue: | Shares
|
| Amount: | A$4,485,000
|
| Shares: | 19.5 million
|
| Price: | A$0.23
|
| Warrants: | No
|
| Pricing date: | Feb. 5
|
| Stock symbol: | Australia: BCD
|
| Stock price: | A$0.24 at close Feb. 5
|
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