Austral GoldLtd. sold 2,312,000 common shares of at C$1.48 pershare for gross proceeds of C$3.4 million.
The company now retains 11,560,000 warrants of Goldrock,representing a right to acquire an about 9.61% interest in the Canada-basedgold miner.
The shares were sold by Austral for investment purposes, itsaid July 18.