Gold tearaway De Grey hits go on $100m placement – The Australian Financial Review

Gold stock De Grey Mining is seeking to raise $100 million via the placement of new shares at $1.20 each.
De Grey Mining shares were halted on Wednesday morning, after Street Talk reported it was preparing an equity raising.  De Grey Mining
De Grey’s brokers, Canaccord Genuity and Argonaut Securities, launched the deal after market on Thursday after securing early support from some institutional investors.
The deal was priced at a 16.4 per cent discount to De Grey’s last close and a 9.2 per c…

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