Crescent holders back strategic alliance

CRESCENT Gold says it will move from being an explorer and project developer to a mid-tier gold producer of note after shareholders on Friday supported the company’s previously announced $122.25 million strategic alliance with Deutsche Bank.

Crescent holders back strategic alliance Crescent holders back strategic alliance Crescent holders back strategic alliance Crescent holders back strategic alliance Crescent holders back strategic alliance

The shareholder approved alliance will now see a private placement to Deutsche Bank of 321.7 million shares in Crescent at 38c per share, giving Deutsche Bank a 55.

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