09:45 AM EST - Victoria Gold Corp. : in light of prevailing market conditions is not proceeding with an equity raise to support on-site construction activity at the company’s Eagle Gold project in the Canadian Yukon.The announcement, which came after the close of trading on Monday, sent Victoria shares tumbling 9% Tuesday to 15.5 cents, leaving the junior with a market cap of $52.7 million, based on 340 million shares outstanding. The 52-week range is 34.5 cents and 15.5 cents. Victoria Gold Corp.
shares V.VIT are trading unchanged at $0.16.