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Exco executes placement of A$7.2M to advance White Dam Gold Project June 11, 2009

Posted by Fortbridge in Mining.
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Exco (ASX: EXS) has executed a placement agreement to raise A$7.2M (before expenses) through the issue of approximately 30.6 million shares at 23.5 cents each. The primary purpose of the placement is to fund Exco’s share of development costs for the White Dam Gold Project.

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