BRIEF-Newcastle gold announces increase to bought deal offering of common shares

Wed Oct 12, 2016 9:51am EDT
 
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Oct 12 (Reuters) - Newcastle Gold Ltd

* Newcastle Gold announces increase to bought deal offering of common shares

* Newcastle Gold Ltd - Increased size of its previously announced bought deal offering to 22.5 million common shares at a price of $0.82 per common share

* Newcastle Gold Ltd-Plans to use net proceeds of offering to fund exploration and development at its castle mountain project Source text for Eikon: Further company coverage: