Key Developments: Entree Gold Inc (EGI)
0.36USD
22 May 2013
$0.01 (+3.43%)
$0.35
$0.34
$0.38
$0.32
69,019
145,719
$0.84
$0.22
Latest Key Developments (Source: Significant Developments)
Entree Gold Inc Secures $55 Million Financing Package From Sandstorm Gold
Entree Gold Inc announced that it has entered into a comprehensive financing package with Sandstorm Gold Ltd. (Sandstorm) for immediate gross proceeds of approximately $55 million. Full Article
Entree Gold Inc. Closes Over-Allotment Option
Entree Gold Inc. announced that it has closed its previously announced sale of 1,150,000 shares at a price of $1.25 per share (the Offering Price) to the underwriters pursuant to the exercise of their over-allotment option. Rio Tinto Exploration Canada Inc. (Rio Tinto) exercised its pre-emptive rights in full and purchased an additional 170,455 shares at the Offering Price. Total gross proceeds from the November 30, 2011 public offering of 10,000,000 shares, the exercise of the over-allotment option and the exercise of Rio Tinto's pre-emptive rights, are approximately $16,003,339. The syndicate of underwriters was led by Desjardins Securities Inc. and included National Bank Financial Inc., TD Securities Inc., Knight Capital Group and Trapeze Capital Corp. The net proceeds are expected to be used to fund ongoing exploration on the Company's Ann Mason project in Nevada and Shivee West project in Mongolia, and for general corporate purposes. Full Article
Entree Gold Inc. Announces Exercise Of Over-Allotment Option
Entree Gold Inc. announced that the underwriters of the Company's recently completed public offering have exercised their over-allotment option, and will purchase an additional 1,150,000 shares at a price of $1.25 per share. The Company anticipates that Rio Tinto Exploration Canada Inc. (Rio Tinto) will exercise its pre-emptive rights in full and purchase an additional 170,455 shares of the Company at a price of $1.25 per share. Closing is expected to occur on January 4, 2012. The syndicate of underwriters is led by Desjardins Securities Inc. and includes National Bank Financial Inc., TD Securities Inc., Knight Capital Group and Trapeze Capital Corp. The net proceeds of the offering are expected to be used to fund ongoing exploration on the Company's Ann Mason project in Nevada and Shivee West project in Mongolia, and for general corporate purposes. Full Article
Earnings vs. 
Estimates
Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests.
NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.
