TSX-V-listed Pure Gold Mining has enlarged its capital raising to $45.5-million, following additional nonbrokered financing of about $13.04-million from South Africa-headquartered gold major AngloGold Ashanti and an institutional investor.
The issue of 23.7-million units at $0.55 each to AngloGold Ashanti and the institutional investor will be concurrent with the $32.5-million bought-deal private placement, led by Sprott Capital Partners, that Pure Gold announced last month.