Apollo Gold and Linear Gold Complete Cdn$25,000,000 Private Placement and Announce Planned Management Restructuring; A Critical Milestone Towards Creating an Emerging Canadian Mid-Tier Gold Producer by ENP Newswire

Book Review : Apollo Gold and Linear Gold Complete Cdn$25,000,000 Private Placement and Announce Planned Management Restructuring; A Critical Milestone Towards Creating an Emerging Canadian Mid-Tier Gold Producer

By ENP Newswire

  • Publication Date: 2010-03-22
  • Genre: Business & Personal Finance

Book Review

ENPNewswire-22 March 2010-Apollo Gold and Linear Gold Complete Cdn$25,000,000 Private Placement and Announce Planned Management Restructuring; A Critical Milestone Towards Creating an Emerging Canadian Mid-Tier Gold Producer(C)2010 ENPublishing - http://www.enpublishing.co.uk Release date- 19032010 - Denver, Colorado; Halifax, Nova Scotia - Apollo Gold Corporation (TSX: APG, NYSE Amex: AGT) ('Apollo') and Linear Gold Corp. (TSX: LRR) ('Linear') are pleased to announce the closing of the previously announced private placement (the 'Private Placement') whereby Linear has acquired 62,500,000 common shares of Apollo at a price of Cdn$0.40 per share for gross proceeds of Cdn$25,000,000. The common shares of Apollo were issued from treasury under the terms of a subscription agreement between Linear and Apollo dated March 9, 2010.

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