Snowline Gold Corp. is pleased to announce that it has entered into an agreement pursuant to which Cormark Securities Inc. and BMO Capital Markets, as co-lead underwriters, on behalf of a syndicate of underwriters , have agreed to purchase, on a "bought deal" private placement basis, 3,205,000 "flow-through" shares of the Company at a price of $7.80 per Charity FT Share for gross proceeds of $24,999,000 . Each Charity FT Share will qualify as a "flow-through share" of the Income Tax Act ). The Underwriters will have the option, exercisable in whole or in part at any time up to 48 hours prior to the closing of the Offering, to arrange for the purchase of up to that number of Charity FT Shares at the Offering Price as is equal to 15% of the number of securities issued in connec...