Top 10 Australian gold producer, Crescent Gold Limited (ASX: CRE, TSX: CRA), is pleased to announce that it has closed its A$45 million Rights Issue oversubscribed after fund managers and institutional investors pushed the level of acceptable applications beyond the offer target.


Crescent, whose >100,000 oz p.a.

production and exploration assets are centred around the Laverton gold province north of Kalgoorlie in Western Australia, announced today that it had accepted final applications for A$48.1 million worth of shares, A$2.6 million or 6% higher than the original amount on offer.

Questions can be directed to: Mark Tory or Renee Brickner Interim Managing Director/CFO Geologist, Corporate Communications N.A. Perth, Australia Vancouver, BC Ph: +61 8 6380 7100 Ph: +1-604-802-6806
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