ONGold Resources Ltd. is pleased to announce that as a result of strong investor demand, the Company has increased the size of its previously announced "bought deal" private placement from gross proceeds of approximately $7,700,137 to gross proceeds of $9,300,042. Pursuant to the upsized Offering, the Company and Paradigm Capital Inc. , as lead underwriter and sole bookrunner, and Cormark Securities Inc. and Agentis
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