10:03 AM EST - Capital Gold Corporation : acknowledges that, on March 15, Timmins Gold Corp. added $0.25 in cash to its unsolicited offer for Capital Gold Corp. Also on March 15, Gammon Gold Inc.announced that it was proposing to amend its merger agreement with Capital Gold to increase the cash component of the merger consideration to be paid to Capital Gold's stockholders by $0.30, from $0.79 to $1.09. The Board of Directors of Capital Gold has considered both bids and unanimously reaffirms its support of the merger with Gammon, as increased. Capital Gold Corporation
shares T.CGC are trading up $0.01 at $5.19.
