VANCOUVER, July 20, 2012 /CNW/ - Compass Gold Corporation (TSXV: CVB), which is focused on gold exploration on four properties in Mali, Africa's third largest gold producer, today announced its intention to carry out a private placement of up to 41,666,666 units at a price of C$0.06 per unit for gross proceeds to the company of up to C$2,500,000
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