Business
OREZONE ANNOUNCES APPROXIMATELY C$40 MILLION EQUITY FINANCING
OREZONE ANNOUNCES APPROXIMATELY C$40 MILLION EQUITY FINANCING
About this update from Orezone Gold Corporation
[{"type":"text","content":"\n\n\n\n Dec. 2, 2010 (Canada NewsWire Group) -- \n\n#ReleaseContent TABLE\n{\n BORDER-COLLAPSE: collapse\n}\nTR.cnwUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 1px solid\n}\nTR.cnwDoubleUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 3px double\n}\nTR.cnwBoldUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 3px solid\n}\nTD.cnwUnderlinedCell\n{\n BORDER-BOTTOM: #000000 1px solid\n}\nTD.cnwDoubleUnderlinedCell\n{\n BORDER-BOTTOM: #000000 3px double\n}\nTD.cnwBoldUnderlinedCell\n{\n BORDER-BOTTOM: #000000 3px solid\n}\n#ReleaseContent TABLE.cnwBorderedTable TD\n{\n BORDER-RIGHT: black 1px solid;\n PADDING-RIGHT: 2px;\n BORDER-TOP: black 1px solid;\n PADDING-LEFT: 2px;\n PADDING-BOTTOM: 2px;\n BORDER-LEFT: black 1px solid;\n PADDING-TOP: 2px;\n BORDER-BOTTOM: black 1px solid;\n BORDER-COLLAPSE: collapse\n}\n#ReleaseContent TABLE TD\n{\n PADDING-RIGHT: 2px;\n PADDING-LEFT: 2px;\n PADDING-BOTTOM: 2px;\n PADDING-TOP: 2px\n}\n\n\n/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/\n\n\nTORONTO, Dec. 2 /CNW/ - OREZONE GOLD CORPORATION (ORE:TSX) (the "Company" or "Orezone") is pleased to announce that it has filed a\n preliminary short form prospectus in connection with an overnight\n marketed public offering (the "Offering") of the Company's common\n shares ("Common Shares") to raise approximately C$40,000,000. The\n Offering will be conducted through a syndicate of underwriters led by\n Canaccord Genuity Corp. (the "Underwriters"). The Company will also\n grant the Underwriters an over-allotment option to purchase up to that\n number of additional Common Shares equal to 15% of the Common Shares\n sold pursuant to the Offering, exercisable at any time up to 30 days\n after the closing of the Offering.\n\n\nThe Offering will be priced in the context of the market with final\n terms of the Offering to be determined at the time of pricing. \n\n\nThe Company intends to use the net proceeds from the Offering to fund\n the exploration and development of the Bomboré, Sega and Bondi projects\n as well as other regional projects and for general corporate purposes.\n\n\nThe Offering is expected to close on or around December 21, 2010 and is\n subject to certain conditions including, but not limited to, the\n receipt of all necessary approvals including ...