Chesapeake Gold Corp. , is pleased to announce that it has arranged a non-brokered private placement of 4,000,000 common shares at a price of $5.00 per share for gross proceeds of $20,000,000 . Of that amount, $15,000,000 is being placed with Eric Sprott's company, 2176423 Ontario Ltd., a large shareholder of Chesapeake holding 11.8% of the current
[...]