CAPITAL MARKETS

Citigold surges on funding deal

SHARES in Citigold Corporation jumped by more than 90% this morning after the company announced a $A72 million deal to develop the Charters Towers gold field in Queensland.

Kristie Batten
Citigold surges on funding deal

The company has signed a deal with private equity firm Kingsford Investment Group to form a joint venture. Kingsford will invest $72 million with the first payment of $10 million due by May, followed...

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