BRIEF-GoGold Resources to sell 7.7 million units at C$1.30 each

Mon May 16, 2016 5:21pm EDT
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May 17 (Reuters) - Gogold Resources Inc

* Net proceeds of offering will be used for advancement and development of company's mineral properties in Mexico

* GoGold Resources Inc says agreed to sell, on a bought deal basis, 7.7 million units of company at a price of c$1.30 per unit

* financingGoGold Resources Inc announces C$10 million bought deal Source text for Eikon: Further company coverage: