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Message: San Gold completes $29.84-million private placement
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The share price was 2.75 when the pp closed. According to IFRS, that's the cost of those shares regardless of how much money was raised or what the issue price was. The difference is a write off.

http://sangold.mwnewsroom.com/getattachment/84a87f16-a74d-4c4d-89fb-1247c3f74366/San-Gold-Corporation-Announces-Closing-of-Priv-(1)

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