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Article: Canada : Sunridge Gold Closes Private Placement and Definitive Exploration Agreement With New Partner Antofagasta Minerals S.A.
- Article from:
- TendersInfo
- Article date:
- October 5, 2009
CopyrightCOPYRIGHT 2009 Al Bawaba (Middle East) Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Sunridge Gold Corp. ("Sunridge" or the "Company") (TSX VENTURE: SGC) is pleased to announce that it has closed the private placement with Sierra
Gorda Investment Company Limited ("Sierra Gorda"), a subsidiary of parent
company Antofagasta PLC and finalized the exploration agreement with
Antofagasta Minerals S.A. (Antofagasta and its subsidiaries referred to
in this press release as "Antofagasta") as announced on September 4, 2009.
The Company issued Antofagasta 13,588,750 common shares at a price of
C$0.40 for gross proceeds of US$5,000,000. The common shares issued are subject to a four month hold period until ...