Goldsource to accelerate expansion plan at Eagle Mountain

Guyana-focused gold producer Goldsource Mines will use the proceeds from exercised warrants for working capital and accelerating planned expansion of production at its Eagle Mountain gold mine, where it last month started first production. The TSX-listed company on Monday advised that 5.13-million warrants issued in February 2014 and December 2014, and expiring February 28, 2017 and December 12, 2017 respectively, were exercised early for gross proceeds of C$1.24-million.