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View Full Version : NovaGold gets $60 million investment from Electrum (AP)


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01-02-2009, 03:00 PM
Canadian gold miner NovaGold Resources Inc. said Friday that it has struck a $60 million private placement deal with Electrum Strategic Resources and will use the cash to repay debt and fund exploration and development.

More... (http://us.rd.yahoo.com/finance/news/rss/story/*http://biz.yahoo.com/ap/090102/canada_novagold_electrum_placement_deal.html?.v=1)