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Golden Predator raising C$4.3M in placement for Yukon gold projects

Golden PredatorMining Corp. said May 5 that it plans to raise approximately C$4.3 millionthrough a private placement of 27 million units priced at 16 cents apiece.

Each unit consists of one common share and one share purchasewarrant, with each warrant exercisable at 21 cents per share for a two-year period.

The company plans to put the proceeds toward its and Brewery Creek gold projects in Canada's Yukon Territory,and for general working capital.