Jipangu invests in Apollo, eyes Nevada assets (June 20, 2005)

Apollo Gold (APG-T) of Denver, Colo., has sold Japanese-based Jipangu a 9.5% stake in the company for $4 million.Jipangu picked up its stake via a private placement of 10 million Apollo shares priced at 40 apiece; the subscription price represents...

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