BarkervilleGold Mines Ltd. said April 26 that it closed a bought deal privateplacement raising gross proceeds of about C$15.5 million.

The company intends to use the proceeds to incur Canadian explorationexpenses on its property package encompassing the gold mining districtand related properties in British Columbia.

Barkerville issued an aggregate of 22,183,500 flow-throughcommon shares at 70 cents apiece under the placement, which originallysought to raiseC$13.5 million.