Apollo Gold Completes Offering and Private Placement

On September 26, 2003, Denver, Colorado-headquartered Apollo Gold Corporation completed a public offering in Canada and a private placement in the U.S. and in Europe of 24,432,300 common shares, including 2,132,300 pursuant to the exercise of the agents’ over-allotment option, which closed on October 27, for approximately $55 million, including approximately $4.8 million pursuant to the over-allotment option. The agent syndicate was led by BMO Nesbitt Burns Inc., and included Canaccord Capital Corporation, Griffiths McBurney & Partners, Orion Securities Inc. and Westwind Partners Inc.

Apollo Gold was represented in Canada by Fogler, Rubinoff LLP, with a team that included Michael Hobart and Eric Roblin; and in the U.S. by Silicon Valley Law Group, with a team that included James Chapman, Steve Clinton, and Michael Irvine.

The agents were represented in Canada by Fraser Milner Casgrain LLP, with a team that included John Sabine, Sander Grieve and Bradley Kruger; and in the U.S. by White & Case LLP, with a team that included Kevin Keogh, Martin Glass and Eunice Yang.


Sander Grieve Eric R. Roblin Martin C. Glass Kevin Keogh J. Michael Irvine Bradley G. Kruger G. Michael Hobart James R. Chapman John W. Sabine


Fogler, Rubinoff LLP Dentons Canada LLP White & Case LLP