Rio Tinto Exercises Pre-Emptive Rights
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 11/30/11 -- Entree Gold Inc. (TSX: ETG)(NYSE Amex: EGI)(FRANKFURT: EKA) ('Entree' or the 'Company') is pleased to announce that it has closed its previously announced marketed offering of 10,000,000 shares at a price of $1.25 per share. Rio Tinto Exploration Canada Inc. ('Rio Tinto') exercised its pre-emptive rights in full and purchased an additional 1,482,216 shares of the Company at a price of $1.25 per share. Total gross proceeds from the offering are $14,352,770.
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