December 18, 2009
Allied Gold Limited (TSX:ALG; ASX:ALD; AIM:AGLD) completed a public offering of 456,699,000 ordinary shares, including 23,859,000 shares issued upon partial exercise of an agents’ over-allotment option, at a price of $0.335 per share for aggregate gross proceeds of $152,994,165. The offering was conducted through a syndicate of agents led by Thomas Weisel Partners Canada Inc. and including Mirabaud Securities LLP, BMO Nesbitt Burns Inc., and CIBC World Markets Inc. Allied Gold is an Australian-based gold production company that owns the Simberi Gold Project in Papua New Guinea and recently acquired the Gold Ridge Project in the Solomon Islands for redevelopment.
Wildeboer Dellelce LLP acted for Allied Gold in connection with the offering with a team that included Vaughn MacLellan, Mark Wilson, Al Wiens, Sanjeev Patel and Alexandra Vazquez (corporate/securities) and Kevin Fritz and Andrea Shreeram (tax).