09:50 AM EST - Patagonia Gold : announced that further to the announcement on October 25, 2012 it has raised, through Mirabaud Securities LLP, additional gross proceeds of approximately £1 million (approximately $1.6 million) through a placing of 3,920,000 new ordinary shares of 1 pence each in the Company at a price of 25.5 pence per Placing Share. The Issue Price represents a discount of approximately 0.97 per cent to the closing middle market price of 25.75 pence per ordinary share on November 26, being the last trading day prior to this announcement and the new shares represent approximately 0.48 per cent of the enlarged issued share capital. Patagonia Gold
shares T.PAT are trading unchanged at $0.50.
