This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.Here is a sample of this item:Gammon Gold closes $115.14-million (U.S.) financing 2009-10-22 10:45 ET - News Release Mr. Rene Marion reports GAMMON GOLD ANNOUNCES COMPLETION OF PUBLIC OFFERING Gammon Gold Inc. has completed the public offering of 12,926,000 common shares at a price of $8.90 (U.S.) per common share for gross proceeds of $115,041,400 (U.S.). The offering was sold on a bought deal basis to a syndicate of underwriters led by BMO Nesbitt Burns Inc. and UBS Securities Canada Inc. and including Dundee Securities Corp., Macquarie Capital Markets Canada Ltd., Canaccord Capital Corp. and Research Capital Corp., and includes 11,686,000 common shares issued pursuant to the full exercise of the overallotment option. The net proceeds of the offering will be used to finance expanded operations exploration programs at the Ocampo and El Cubo mines, the advancement of the Guadalupe y Calvo project, debt repayment, greenfields exploration and general corporate purposes.
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