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Strategies & Market Trends : Dino's Bar & Grill -- Ignore unavailable to you. Want to Upgrade?


To: Goose94 who wrote (13390)12/8/2015 2:33:50 PM
From: Goose94Respond to of 202372
 
Memory Makes Money!



To: Goose94 who wrote (13390)12/8/2015 4:16:25 PM
From: Goose94Respond to of 202372
 
ROG-V new 52 week high, 84 cents



To: Goose94 who wrote (13390)2/4/2016 12:06:36 PM
From: Goose94Read Replies (1) | Respond to of 202372
 
Roxgold (ROG-V) making higher lows



To: Goose94 who wrote (13390)3/8/2016 9:14:04 AM
From: Goose94Read Replies (2) | Respond to of 202372
 
Roxgold (ROG-V) March 8, '16 is pleased to announce that it has closed its previously announced bought deal financing (the "Financing") of 25 million common shares of Roxgold (the "Shares") and the related over-allotment option of 3.75 million Shares at a purchase price of $0.80 per Share (the "Offering Price"), for aggregate gross proceeds in the amount of C$23 million. The Financing was co-led by Cormark Securities Inc. and Macquarie Capital Markets Canada Ltd. on behalf of a syndicate of underwriters including Raymond James Ltd., RBC Capital Markets, Canaccord Genuity Corp. and Haywood Securities Inc. (collectively, the "Underwriters").

The net proceeds from the Offering will be used (i) to replace the US$10 million equity financing facility (the "Equity Financing Facility") provided by Roxgold's underground mining contractor, African Underground Mining Services ("AUMS"), (ii) for regional exploration, and (iii) for general corporate purposes.

The Company also announced that AUMS has entered into an escrow agreement (the "Escrow Agreement") with Roxgold for an eight month period for the 8,979,286 Shares which it previously acquired pursuant to its US$5 million investment made in July 2015 (see Roxgold Press Release dated July 6, 2015) on the basis that Roxgold does not utilize the Equity Financing Facility during the escrow period.

The securities offered in the Financing have not been, and will not be, registered under the U.S. Securities Act of 1933, as amended (the "U.S. Securities Act") or any U.S. state securities laws, and may not be offered or sold in the United States or to, or for the account or benefit of, United States persons absent registration or any applicable exemption from the registration requirements of the U.S. Securities Act and applicable U.S. state securities laws.

This press release shall not constitute an offer to sell or solicitation of an offer to buy the securities in any jurisdiction. The Shares will not be and have not been registered under the United States Securities Act of 1933 and may not be offered or sold in the United States absent registration or applicable exemption from the registration requirements.

About Roxgold

Roxgold is a gold exploration and development company with its key asset, the high grade Yaramoko Gold Project, located in the Houndé greenstone region of Burkina Faso, West Africa. The Company is currently in construction and expects to be producing gold by the second quarter of 2016. Roxgold trades on the TSX Venture Exchange under the symbol ROG and as part of the Nasdaq International Designation program with the symbol OTC: ROGFF.

Roxgold Inc.
Natacha Garoute
Chief Financial Officer and Corporate Secretary
416-203-6401

"Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release."