Latest Company Announcements

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Sectors: Energy/Mining

Crescent Gold Limited closes Rights Issue

Gold Rush as Crescent Gold Rights Issue is Oversubscribed and $48.1 million is Raised

Crescent Gold Limited closes Rights Issue 27 January 2011
Media Release: Melbourne, Thursday January 27th 2011: Top 10 Australian gold producer, Crescent Gold Limited (ASX: CRE, TSX: CRA), is pleased to announce that it has closed its A$45 million Rights Issue oversubscribed after fund managers and institutional investors pushed the level of acceptable applications beyond the offer target.
Crescent, whose >100,000 oz p.a. production and exploration assets are centred around the Laverton gold province north of Kalgoorlie in Western Australia, announced today that it had accepted final applications for A$48.1 million worth of shares, A$2.6 million or 6% higher than the original amount on offer.
 

CEO Interviews

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