Gabriel said the initial closing had brought proceeds of $18.7 million, with units offered at 32.25c.
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Sanctions busting, China style
Gabriel Resources (TSXV: GBU) shares surged yesterday after the company last week closed the first tranche of a US$20 million raising, to help fund arbitration over the Roșia Montană gold and silver project in Romania.
Gabriel said the initial closing had brought proceeds of $18.7 million, with units offered at 32.25c.
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