October 23, 2017 / 8:38 PM / in a month

BRIEF-Cardinal announces C$12m million bought deal

Oct 23 (Reuters) - Cardinal Resources Ltd

* Cardinal announces C$12m million bought deal

* Cardinal Resources - entered agreement with clarus securities pursuant to which underwriters agreed to purchase 18.5 million shares of co at c$0.65/share

* Cardinal Resources- intends to use net proceeds from offering to continue exploration, development at namdini gold project,other ghanaian properties​ Source text for Eikon: Further company coverage:

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