BRIEF-Serabi Gold raises 16 mln stg to fund mine start-up

LONDON Tue Oct 2, 2012 2:05am EDT

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LONDON Oct 2 (Reuters) - Serabi Gold PLC : * Uk£16.2 million share subscription and underwriting; interim US$6 million

loan facility * To finance the development and start-up of underground mining operations at

its palito gold mine.

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