New Issue: Republic Gold arranges A$5.73 million private placement of stock

By Devika Patel

Knoxville, Tenn., Nov. 6 - Republic Gold Ltd. announced it will conduct a A$5.73 million private placement of shares.

The company will sell 76,434,220 shares at A$0.075 per share.

Proceeds will be used to buy the Mt. Carbine Tungsten Project, to drill at Mt. Carbine and to provide additional working capital.

Based in Mareeba, Australia, Republic Gold is an explorer and producer of gold, focusing on gold deposits in Australia's slate belt gold provinces.

Issuer:	Republic Gold Ltd.
Issue:	Ordinary shares
Amount:	A$5,732,567
Shares:	76,434,220
Price:	A$0.075
Warrants:	No
Pricing date:	Nov. 6
Stock symbol:	Australia: RAU
Stock price:	A$0.145 at close Nov. 6

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