Additional Information
Market: ASX
Sector: General Mining - Gold
EPIC: CTO
Latest Price: A$0.05  (-1.96% Descending)
52-week High: A$0.09
52-week Low: A$0.05
Market Cap: A$55.25M
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Citigold Corporation
www.citigold.com

Citigold Corporation is an Australian gold mining company producing from Australia's highest grade gold deposit at Charters Towers in north eastern Australia.

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Citigold Corporation announces share purchase plan extension

19th Feb 2010, 9:20 am

Australian gold mining company Citigold Corporation (ASX: CTO) has extended the Share Purchase Plan offer to shareholders until Friday 12 March 2010.

The funds raised from this plan are to be used towards expanding Citigold’s gold mining operations at Charters Towers and working capital.

The recently released December Quarterly report and the announcement released on 10 February 2010 showed that gold production has grown to the highest level since operations commenced, with further growth planned.

This capital raising provides eligible shareholders with an opportunity to participate in the growth of the Company and enables shareholders to increase their ownership of current and future gold production.

This special offer can only be taken up by shareholders who were on the share register as at 7 pm on Wednesday 27 January 2010.

 

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