Glass Earth Gold completes C$4m private placement

Wednesday 19th January 2011

Gold exploration company Glass Earth Gold says it has closed the final tranches of a C$4 million (NZ$5.2m) private placement.

The company today said it had completed the second and third tranches of the placement financing for gross proceeds of C$1,061,600.

Net proceeds from the C$4,066,490 raised would be used for mineral exploration and general working capital purposes.

NZPA

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