Lachlan Star today announced that it has entered into an agreement with a syndicate of underwriters, led by Macquarie Capital Markets Canada Ltd., and including Dundee Securities Ltd., Raymond James Ltd., and GMP Securities L.P., pursuant to which the Underwriters have agreed to purchase, on a bought deal private placement basis, 11,000,000 common shares of the Company at a price of CDN$1.60 per Common Share, for
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