NOT FOR DISSEMINATION OR DISTRIBUTION IN THE UNITED STATES AND NOT FOR
DISTRIBUTION TO U.S. NEWS WIRE SERVICES
19 December 2012
OCEANAGOLD COMPLETES CDN$93,300,000 BOUGHT DEAL FINANCING
(MELBOURNE) OceanaGold Corporation (ASX: OGC, TSX: OGC, NZX: OGC) (the
"Company") is pleased to announce that it has closed its bought deal equity
financing announced 4 December 2012. The Company issued 30,000,000 common
shares of the Company (including common shares represented by ASX-listed
CHESS Depository Interests ("CDIs") (together, the "Securities") at a price
of CDN$3.11 per Security (the "Common Share Offering Price") for aggregate
gross proceeds of CDN$93,300,000 (the "Offering").
The CDIs were purchased for the Australian dollar equivalent (AUD$3.00) of
the Common Share Offering Price, as at the date that the Offering was first
announced ("CDI Offering Price").
The Offering was underwritten by a syndicate of underwriters led by Citigroup
Global Markets Canada Inc. and Macquarie Capital Markets Canada Ltd. (the
"Lead Underwriters"), and including Cormark Securities Inc., GMP Securities
L.P. and BMO Capital Markets (collectively, with the Lead Underwriters, the
The Underwriters have been granted an option (the "Over-Allotment Option") to
purchase up to an additional 15% of the number of Securities, at the Common
Share Offering Price or CDI Offering Price (as the case may be) on the same
terms and conditions as the Offering. The Over-Allotment Option is
exercisable in whole or in part at any time within 30 days of the Closing at
the sole discretion of the Lead Underwriters.
The Company intends to use the net proceeds from the Offering to reduce
outstanding debt and to provide balance sheet and operating flexibility.
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End CA:00231352 For:OGC Type:GENERAL Time:2012-12-19 10:12:13