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Northern Empire bumps up raising

Within hours of announcing a raising of up to C$11.6 million, gold hopeful Northern Empire Resources (CN:NM) has increased the possible financing up to C$15 million (US$11.8 million).

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Northern Empire will advance Sterling with the proceeds

The company had announced a bought deal financing with a syndicate of underwriters to raise just over C$10 million by issuing shares at C$0.90, with an over-allotment option to raise up to C$11....

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