03:45 PM EST - Detour Gold Corporation : announced that it has completed its previously announced bought deal public offering of common shares at a price of $26.50 per common share for aggregate gross proceeds of $106,000,000. The Offering was conducted by a syndicate of underwriters led by BMO Capital Markets and the Company has granted the Underwriters an option to purchase up to 600,000 common shares at the offering price, exercisable for a period of 30 days from the date hereof, to cover over-allotments, if any. The Company intends to use the net proceeds of the offering for working capital during the ramp-up of the Detour Lake Mine and for general corporate purposes. Detour Gold Corporation
shares T.DGC are trading down $0.16 at $23.60.
