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Additional information
Additional Information
Market: ASX
Sector: Gold Mining
Epic: ASX:ATU
News: Latest news
Web Site: Atlantic Gold
Other Articles: 03-12-200916-10-200902-07-2009

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Tuesday March 16, 11:29Mercator Gold to sell exclusive Copper Flat option to Canada's THEMAC Resources

The deal will allow the group to retain a substantial interest in the promising Mexican copper-gold-molybdenum-silver project without the associated costs.

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Monday March 15, 11:38Calvin Klein owner buys Tommy Hilfiger for US$3 billion from Apax Partners

The New York listed shirt and neckwear company is paying €1.924 billion in cash and issuing €276 million in PVH common stock (approximately 8.7 million shares) to fund the transaction.

 

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Monday March 15, 08:01China's growth boosting commodity prices

The latest economic figures from China have put pressure on the dollar and boosted a number of high-yielding currencies, including the Australian dollar and the South African rand.

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Atlantic Gold

Atlantic Gold

Atlantic Gold NL is an Australian-listed gold exploration company (ASX code ATV). The company is focused on the exploration and development of the Touquoy Gold Project and the Cochrane Hill Gold Deposit in Nova Scotia, Canada.

Friday, October 16, 2009

Atlantic Gold raises $1.5 million to advance gold projects

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Atlantic Gold (ASX: ATV) will advance its gold projects in Nova Scotia after placing a total of 25 million new fully paid ordinary shares at an issue price of 6 cents per share to raise $1.5 million.

In a statement today, the company said the funds raised from the placement and SPP would be used to progress Atlantic Gold’s gold projects in Nova Scotia, particularly with the purchase of certain surface land titles at the Touquoy Gold Project.

In parallel with the placement Atlantic Gold will offer all eligible shareholders the opportunity to participate in a Share Purchase Plan at the same price of 6 cents per share.

In addition to developing the Touquoy and Cochrane Hill Gold Projects, Atlantic is undertaking extensive exploration, both regional and near-mine to build its resource base.

The company believes the area is highly prospective for additional Touquoy style deposits.

Atlantic’s more recent involvement in the advanced Cochrane Hill property reflects this strategy, to the extent that the company now has over 1.2 million ounces of gold resources under its control in this emerging district.

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