TORONTO, ONTARIO -- (Marketwire) -- 10/24/11 -- Detour Gold Corporation (TSX: DGC) ('Detour Gold' or the 'Company') announced today that the first segment of its transmission line of 135 kilometres from the Detour Lake project site to the Island Falls power station has been successfully connected to the provincial electrical power grid.
Detour and Trade Winds have entered into a definitive agreement pursuant to which Detour Gold will acquire all of the issued and outstanding common shares of Trade Winds, by way of a court approved plan of arrangement, for total consideration of C$84 million. Under the terms of the Agreement, Trade Winds shareholders will receive 0.0142 of a Detour [...]
Detour Gold is pleased to announce that it has completed its previously announced bought deal public offering of common shares. In addition to the 12,500,000 common shares the underwriters initially agreed to purchase, the underwriters, led by BMO Capital Markets and TD Securities Inc., purchased all of the 1,875,000 common shares available for [...]
Detour Gold is pleased to announce that it has entered into an agreement with a syndicate of underwriters, led by BMO Capital Markets and TD Securities Inc., under which the underwriters have agreed to buy 12,500,000 common shares of the Company at a price of C$29.75 per Common Share, representing aggregate gross proceeds of C$371,875,000. In [...]
