LAC offering shares at $9.25

An offering worth almost $105.9 million is being planned by LAC Minerals (TSE).

The gold producer said it intends to offer 11 million common shares at $9.25 per share throughout Canada. An underwriting group managed by RBC Dominion Securities will purchase the shares.

Another gold producer, American Barrick Resources (TSE), recently announced plans for a share offering worth $113 million, those shares to be offered for sale in Canada and Europe.

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