Compass Gold Corp. announced today that SEMAFO Inc. has agreed to participate in a private placement, pursuant to which the Company intends to issue, on a non-brokered private placement basis, up to 14,286,000 common shares of the Company, at a price of $0.35 per share, for aggregate gross proceeds of up to $5.0 million . SEMAFO is the lead participant in the Offering and will be subscribing for $2 million. Assuming a
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