Snowline Gold is pleased to announce that it has entered into an agreement with Canaccord Genuity and BMO Capital Markets on behalf of a syndicate of underwriters, pursuant to which the Underwriters have agreed to purchase, on a "bought deal" basis, 8,888,900 common shares of the Company at a price of $9.00 per Common Share, for aggregate gross proceeds of $80,000,100. In addition, the Company will grant the Underwriters an option to acquire up to an additional 1,333,300 Common Shares at the Offering Price for additional gross proceeds of up to $11,999,700, exercisable in whole or in part, at any time on or prior to the date that is 30 days following the Closing Date . Scott Berdahl, CEO & Director of Snowline, comments: "This targeted rai...