March 8, 2017 / 9:09 PM / 6 months ago

BRIEF-Algold announces $4 mln bought deal offering

March 8 (Reuters) - Algold Resources Ltd:

* Algold announces $4 million bought deal offering

* Algold resources ltd says proceeds from offering will be used to carry out exploration drilling at company’s mineral properties

* Algold resources ltd - underwriters shall purchase 20 million units in capital of corporation on a bought deal basis at a price of $0.20 per unit Source text for Eikon: Further company coverage:

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