European Goldfields closes $4.7 million placement

European Goldfields (EGU-V) has completed a previously announced non-brokered private placement of 1.5 million shares at $3.10 apiece. The company intends to use the $4.65 million in gross proceeds to fund exploration on its Certej (3,164-ha), Zlatna, Bolcana and Baita-Craciunesti...

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