Central GoldTrust Increases Equity Offering to U.S. $180 Million as Underwriter Exercises Its Right to Purchase Additional Units

Corporate Breaking News

Home : Central GoldTrust Increases Equity Offering to U.S. $180 Million as Underwriter Exercises Its Right to Purchase Additional Units

Oct 28 2011	Central GoldTrust Increases Equity Offering to U.S. $180 Million as Underwriter Exercises Its Right to Purchase Additional Units
TORONTO, ONTARIO--(Marketwire - Oct. 28, 2011) - Central GoldTrust (TSX:GTU.UN)(TSX:GTU.U)(NYSE Amex:GTU) is pleased to announce that CIBC has exercised its right to purchase an additional 276,000 Units at a price of U.S. $67.90 per Unit, for additional gross proceeds of U.S. $18,740,400 to Central GoldTrust. CIBC agreed earlier this morning to purchase 2,375,000 Units for gross proceeds of U.S. $161,262,500.


Source:http://www.marketwire.com/mw/release.do?id=1579250&sourceType=3

Related News
» National Bank Donates $150,000 to the Fondation Jean-Marc Paquette » Telferscot Resources Announces Non-Brokered Private Placement and Commencement of Drilling