Proactive investorsLogo Proactive Investors UK Website

Search field
Additional information
Additional Information
Market: TSX, AIM
Sector: Gold Mining
Epic: MOE
News: Latest news
Web Site: Moto Goldmines
Other Articles: 23-07-200920-07-200903-04-2009

RSS - Subscribe to the News Today on Proactive UK ▼

Saturday March 13, 09:47Premium risk at Prudential

Insurance giant Prudential has stolen the headlines this week, after their decision to buy AIA, the Asian life business of US insurer AIG, has attracted a mixed response from shareholders.

FULL ARTICLE ►

RSS - Subscribe to the News Today on Proactive AU ▼

Friday March 12, 01:39Circadian Technologies to present at Ultimate Healthcare & Biotechnology Event, March 24

Robert Klupacs, CEO of Circadian Technologies, recommended by US Investment Bank Merriman Curhan Ford, as "the Cheapest Little Antibody Company on the Planet" will present in Sydney.

FULL ARTICLE ►

RSS - Subscribe to the News Today on Proactive CN ▼

Friday March 12, 08:51White Energy enters coal deal with China Guodian Group

White Energy Company (ASX: WEC; OTCQX: WECFY) has inked a non-binding heads of agreement with state owned Guodian Inner Mongolian Energy Sources Co Limited to develop a coal upgrading [...]

FULL ARTICLE ►
Moto Goldmines

Moto Goldmines

Moto Goldmines is a gold exploration and development company focused on the multi-million ounce Moto Gold Project in the Democratic Republic of the Congo where it is conducting a prefeasibility study.
Friday, April 03, 2009

Moto Goldmines agrees share issue with underwriters to raise up to CDN$57.5 mln

company news image

Moto Goldmines Ltd (TSX: MGL; AIM: MOE) said it has agreed a fundraising with underwriters which will raise CDN$57.5 million if an over-allotment option is exercised.

It plans to use the new funds to advance the Moto gold project in the Democratic Republic of Congo as well as for general corporate purposes including working capital.

Under the deal, co-leaders GMP Securities LP and BMO Capital Markets and underwriters Haywood Securities Inc and RBC Capital Markets will take 17.86 million Moto Goldmines shares for CDN$2.80 each, raising approximately CDN$50 million gross.

The underwriters will also have the option to buy up to an additional 2,679,000 shares to cover any over-allotments, and for market stabilization purposes.

AddThis Feed Button
Register here to be notified of future Moto Goldmines articles.

Other Moto Goldmines articles


Other Moto Goldmines news

More news ►

Investors interested in Moto Goldmines recently viewed


No investment advice

The Company is a publisher and is not registered with or authorised by the Financial Services Authority (FSA). You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is suitable or advisable for any specific person. You further understand that none of the information providers or their affiliates will advise you personally concerning the nature, potential, advisability, value or suitability of any particular security, portfolio of securities, transaction, investment strategy, or other matter.

You understand that the Site may contain opinions from time to time with regard to securities mentioned in other products, including company related products, and that those opinions may be different from those obtained by using another product related to the Company. You understand and agree that contributors may write about securities in which they or their firms have a position, and that they may trade such securities for their own account. In cases where the position is held at the time of publication and such position is known to the Company, appropriate disclosure is made. However, you understand and agree that at the time of any transaction that you make, one or more contributors may have a position in the securities written about. You understand that price and other data is supplied by sources believed to be reliable, that the calculations herein are made using such data, and that neither such data nor such calculations are guaranteed by these sources, the Company, the information providers or any other person or entity, and may not be complete or accurate.

From time to time, reference may be made in our marketing materials to prior articles and opinions we have published. These references may be selective, may reference only a portion of an article or recommendation, and are likely not to be current. As markets change continuously, previously published information and data may not be current and should not be relied upon.