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PERSEUS MINING LIMITED — Capital/Financing Update 2009
Jan 20, 2009
46513_rns_2009-01-20_44f9e2ed-47c1-4e80-87f5-248ab746ec31.pdf
Capital/Financing Update
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21 January 2009
The Manager Company Announcements Office ASX Ltd 4th Floor, 20 Bridge Street SYDNEY, NSW 2000
Dear Sir
SHARE PLACEMENT
The Directors of Perseus Mining Limited are pleased to announce that the Company has arranged for the placement of 17 million shares at an issue price of fifty cents each to raise $8.5 million. The proceeds will be used to:
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fast track completion of the Ayanfuri gold project feasibility study;
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recommence drilling to extend the open-ended Sissingue resource at Tengrela and advance feasibility work on that project; and
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augment working capital.
BGF Equities Pty Ltd has arranged and managed the offer to institutions and sophisticated investors in Australia, Europe and North America.
This placement highlights the strong interest in the Company and its gold projects in these uncertain times.
Yours faithfully
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Mark Calderwood Managing Director
Perseus Mining Limited ABN 27 106 808 986 30 Ledgar Road, Balcatta, Western Australia 6021 PO Box 717 Balcatta WA 6914 Telephone: (618) 9240 6344 Facsimile: (618) 9240 2406 Email address: [email protected] Website: www.perseusmining.com