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BRIEF-Algold increases equity offering to $6.9 million

March 16 Algold Resources Ltd

* Algold increases equity offering to $6.9 million

* Algold Resources Ltd - in aggregate, corporation will issue a total of 34.5 million units under offering at a price of $0.20 per unit

* Algold Resources Ltd - net proceeds from offering will be used to carry out exploration drilling on corporation's Tijirit property Source text for Eikon: Further company coverage:

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