Run by investors, for investors - Yamana Gold raises C$100 million

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Epic & Msn data
Epic	YAU
Time:	14:53:46
Mid Price:	556.50
Change Today:	3.50
Change % Today:	0.63
Fifty Two Week High:	800.00
Fifty Two Week Low:	242.50
Market Capital:	3619.21

Period & price data
Period	Price
Now:	556.50
3 Months ago:
6 Months ago:
1 Year ago:	800.00

Additional information
Additional	Information
Market:	TSX, NYSE, LSE
Sector:	Gold Mining
Epic:	YAU
News:	Latest news
Web Site:	Yamana Gold
Other Articles:	06-05-2009 13-01-2009 10-12-2008

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Yamana Gold

Yamana Gold Inc. is a Canadian-based gold producer with significant gold production including other precious metals and copper, gold development stage properties, exploration properties, and land positions in Brazil, Argentina, Chile, Mexico, Central America and the United States. Yamana has seven operating mines and five development projects providing direct employment opportunities to over 8,700 individuals.

The company is targeting sustainable production of approximately 2.2 million gold equivalent ounces in 2012.

Wednesday, December 10, 2008

Yamana Gold raises C$100 million

Yamana Gold, the North and South American gold producer and developer with which is listed in Toronto, New York and London, said it had entered into an agreement with Cannacord Capital and Scotia Capital to place 16.7 million shares at C$6.00 per share to raise approximately C$100 million.

Yamana has also agreed to grant to Cannacord and Scotia an option to purchase up to an additional 2.5 million shares on the same terms and conditions. If the Over-Allotment Option is exercised in full, the total gross proceeds to Yamana will be C$115 million.

Yamana said it would use the proceeds for ongoing operating and working capital requirements, and possibly to reduce the level of debt

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