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Orezone to raise US$34.8 million for Bomboré

Orezone Gold (CN:ORE) will raise C$44.9 million (US$34.8 million) through a non-brokered private placement to advance the development of its 90%-owned Bomboré gold project in Burkina Faso.

Staff reporter
The raised funds will be used to develop the Bomboré project

The raised funds will be used to develop the Bomboré project

The placement includes 56.15 million common shares at a price of C$0.80 per share. New strategic investors Resource Capital Fund (RCF) has subscribed for 42.1 million shares to give it a 19.99% stake...

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