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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: Michael Mc Donough who wrote (38378)	6/29/2010 1:11:36 AM
From: Madharry	Respond to of 78751

thanks for the info . not on yahoo or the detour gold website yet: * To sell 10.5 mln shares at C$24 * To use net proceeds for the Detour Lake gold project June 28 (Reuters) - Canadian gold explorer Detour Gold Corp (DGC.TO: Quote) said it would raise about C$252 million ($243.5 million) through a bought deal financing to advance its Detour Lake gold project. Detour Gold said BMO Capital Markets and TD Securities Inc are joint book runners and the underwriters will buy 10.5 million shares for C$24 each, a 0.2 percent discount to Detour Gold's Friday closing price. The underwriters will have an over allotment option of 1.6 million shares, for additional gross proceeds of up to C$37.8 million. The company expects to close the offering by July 19. Shares of the company closed at C$24.48 Monday on the Toronto Stock Exchange. They touched C$24.94 earlier in the day, their highest level since 2008. ($1=1.035 CANADIAN DOLLAR) I havent sold any shares in quite awhile. probably will keep what I have.