BRIEF-Continental Gold Inc announces $25 million bought deal

Tue May 3, 2016 5:09pm EDT
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May 3 (Reuters) - Continental Gold Inc

* Continental Gold announces $25 million bought deal

* Underwriters have agreed to purchase, on a bought deal basis, 10,000,000 units of company at a price of $2.50 per unit

* Intends to use net proceeds of offering to fund exploration and development expenditures at buritica project Source text for Eikon: Further company coverage: