Americans show a strong interest

摘要

Us investors have thrown additional financial support behind an extended drilling program at Western Australia's promising Sickle gold project as its owner -- Crescent Gold Ltd --optimise its mine start-up options. Announcing a new 3.9 million dollars capital raising, Crescent said North American private and institutional investors had contributed 945,000 dollars in a private placement at an issue price of 0.135 per dollars share (with attaching options). The second tier of the fund raising program comprises a rights offer to existing Crescent shareholders on a one-for-five basis -- also at an issue price of 0.135 dollars, with attaching (CREO) options -- to generate a further 2.95 million dollars.