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Gold/Mining/Energy : Prosperity Goldfields Corp

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To: E. Charters who wrote (533)7/22/2011 10:38:56 PM
From: loantech  Read Replies (1) of 906
 
Well these guys closed their money deal:

Ryan Gold completes $52.27-million private placement
2011-05-12 09:25 ET - News Release

Mr. Michael Skead reports
RYAN GOLD ANNOUNCES CLOSING OF C$52,275,000 FINANCING
Ryan Gold Corp. has closed the previously announced bought-deal private placement whereby a syndicate of underwriters co-led by GMP Securities LP and Dundee Securities Ltd., and including PowerOne Capital Markets Ltd. and Clarus Securities Inc. purchased or arranged for substitute purchasers to purchase 15 million units at a price of $2.00 per unit (which included the exercise in full of the underwriters' option for up to an additional five million units) and 9.9 million flow-through shares at a price of $2.25 per flow-through share. The aggregate gross proceeds to the company from the offering were $52,275,000.>>>>

So maybe GMP and Dundee know what they are doing.
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