CGA rattles tin for $US60m

CGA Mining is seeking to raise $60 million ($A67 million) via a placement program of shares and units which, together with its $73 million senior debt facility, will be used to fund construction for its Masbate gold project in the Philippines.

CGA rattles tin for $US60m CGA rattles tin for $US60m CGA rattles tin for $US60m CGA rattles tin for $US60m CGA rattles tin for $US60m

The gold hopeful said Haywood Securities would act as the agent for the placement, with ordinary shares issued at C83c (A94c) a piece.