Bema Gold plans equity offering to raise funds for Russian project

Oct 27, 2004 | 05:57 AM | Julie Bresnick

Bema Gold plans equity offering to raise funds for Russian project Bema Gold Corp., Toronto, plans to raise Canadian $100 million ($81.9 million) in an equity offering in the Canadian market.

Most of the proceeds will go toward the Kupol project in eastern Russia, a company spokesman said Tuesday. Bema currently has a 30-percent stake in Kupol with an option to increase its....





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