11:45 AM EST - Carpathian Gold Inc : announced that it has entered into an agreement with a syndicate of investment dealers co-led by Cormark Securities Inc., Macquarie Capital Markets Canada Ltd., Canaccord Genuity Corp., and including Haywood Securities Inc., Jennings Capital Inc., and Stonecap Securities Inc. which have agreed to purchase, on a bought deal basis, approximately 80,000,000 common shares of Carpathian at a purchase price of $0.50 per Share, for aggregate gross proceeds of approximately $40.0 million. Carpathian Gold Inc
shares T.CPN are trading down $0.05 at $0.50.
