OGC oceanagold corporation
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News: OceanaGold raises CAD$115.5 million

  1. FNN News
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    06/10/10
    10:57
    Post #: 7287175
    .

    OceanaGold Corporation (ASX:OGC) has raised CAD$115.5 million, raising the funds through a private placement.

    The gold producer says a syndicate of underwriters led by Macquarie Capital Markets Canada and Citigroup Global Markets Canada have agreed to purchase special warrants and common shares at a price of CAD$3.50.

    OceanaGold yesterday confirmed its forecast 2010 production guidance of between 270,000 to 290,000 ounces of gold.

    OceanaGold Corporation earned $11.46 million in the 2010 financial year.
    OGC Price at posting: $3.76 Sentiment: None Disclosure: Held
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