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Extorre Gold Mines Limited

03:50 PM EST - Extorre Gold Mines Limited : announced that it has entered into an agreement with Canaccord Genuity Corp. to sell 6,800,000 common shares at a price of $4.45 for gross proceeds of $30,260,000. In addition, the Company will grant the Underwriter an over-allotment option, exercisable prior to the closing of the Underwritten Offering, to purchase from the Company up to an additional 2,300,000 common shares at $4.45 per share to raise additional gross proceeds of up to $10,235,000. Extorre Gold Mines Limited shares T.XG are trading down $0.18 at $4.52.