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Home : Carpathian Closes $20 Million Strategic Placement by Barrick Gold Corporation
Aug 13
2011

Carpathian Closes $20 Million Strategic Placement by Barrick Gold Corporation

TORONTO, ONTARIO--(Marketwire - Aug. 12, 2011) - Carpathian Gold Inc. (TSX:CPN) (the "Corporation" or "Carpathian") is pleased to announce that it has closed its previously announced agreement (the "Agreement") with Barrick Gold Corporation ("Barrick") for a non brokered CDN$20 Million private placement to purchase 38,461,538 common shares (the "Private Placement" and the "Common Shares") of the Corporation at a price of $0.52 per share. The Common Shares will be subject to a four-month hold period.
Source:http://www.marketwire.com/mw/release.do?id=1549138&sourceType=3
 
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