10:40 AM EST - GBS Gold International Inc. : announced that it has secured a bought deal three year financing facility arranged by Haywood Securities Inc. for $46 million. The company noted that it would utilize the proceeds of the offering to repay its existing $46.0 million 12% notes due on March 30, 2009. GBS Gold International Inc.
shares T.GBS are trading up 4 cents at $1.43.