Vancouver-headquartered Corvus Gold has raised C$1.3-million from a subsidiary of South Africa-based miner AngloGold Ashanti, which it would use for the ongoing discovery and resource expansion programmes in Nevada.
The TSX-listed company completed a private placement with AngloGold Ashanti USA (AGA) at a significant premium, with the major being issued 500 000 common shares at C$2.60 a share.