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Milestone Group places shares at a premium

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Proceeds of the deal, expected to close on Oct. 1, will be used for general corporate purposes, including debt repayment, and will be recorded in the fourth quarter, Toronto, Ontario-based Barrick said in a statement today.

Digital media specialist Milestone Group (LON:MSG) has raised £161,750 after placing shares at a premium to the current market price.

The group placed 16.18mln shares at a penny a pop; the shares eased 0.075p to 0.85p on the news.

The company now has 570.14mln ordinary shares in issue.

Quick facts: Milestone Group PLC

Price: - -

AIM:MSG
Market: AIM
Market Cap: -
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