RooGold Inc. announces that it has closed a first tranche of its previously announced Non-Brokered Unit Private Placement, on a post-Consolidation basis, by issuing 10,530,000 Units at $0.25 per Unit and raising $2,632,500. Each Unit consists of a Common Share and a half a Common Share Purchase Warrant, each whole Warrant entitling the holder to purchase an additional Common Share at $0.40 per Share for a two year period
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