St Barbara gets cash for Canadian buy

ST Barbara has taken a step towards completing the acquisition of TSX-listed Atlantic Gold by completing the first stage of a A$490 million entitlement offer.

St Barbara gets cash for Canadian buy St Barbara gets cash for Canadian buy St Barbara gets cash for Canadian buy St Barbara gets cash for Canadian buy St Barbara gets cash for Canadian buy

The Moose River operation in Nova Scotia

The company launched the one-for-3.1 pro-rata non-renounceable entitlement offer, fully underwritten by Deutsche Bank, on Wednesday to partially fund the C$722 million cash offer for Atlantic.