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Austral Gold sells Goldrock shares for C$3.4M

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Austral Gold sells Goldrock shares for C$3.4M

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.