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Crescent Gold Limited

09:52 AM EST - Crescent Gold Limited : presented its quarterly report Thursday. The U.S. dollar gold price is continuing to set new records (circa $1,500 U.S. oz) at a time Crescent commenced the current processing campaign through Barrick's Granny Smith Mill on April 12. The operations have been running well with haulage tonnes and grades to Granny Smith Mill above target. Also, the Company announced the completion of a A$45-million capital raising through a non-renounceable rights issue. The rights issue closed oversubscribed on January 27 raising A$48.1 million (before costs). Crescent Gold Limited shares T.CRA are trading even at $0.06.