Snowline Gold is pleased to announce that it has entered into an agreement pursuant to which Cormark Securities as lead underwriter, on behalf of a syndicate of underwriters, has agreed to purchase, on a "bought deal" private placement basis, 1,875,000 "flow-through" shares of the Company at a price of $10.68 per Charity FT Share for gross proceeds of $20,025,000. Each Charity FT Share will qualify as a "flow-through
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