EIN News: Entree Gold Announces Exercise of Over-Allotment Option from Recently Completed Financing

Entree Gold Inc. is pleased to announce that the underwriters of the Company’s recently completed public offering have exercised their over-allotment option, and will purchase an additional 1,150,000 shares at a price of $1.25 per share. The Company anticipates that Rio Tinto Exploration Canada Inc. (“Rio Tinto”) will exercise its pre-emptive rights in full and purchase an additional 170,455 shares of the Company at a price of $1.25 per share. Closing is expected to occur on January 4, 2012. To read the full article, click hereEntree Gold Announces Exercise of Over-Allotment Option from Recently Completed Financing

This entry was posted in Mongolia News. Bookmark the permalink.

Comments are closed.