Brief: Ausgold Raises A$16.6M
March 4 (Reuters) - Ausgold Ltd AUC.AX :
* AUSGOLD LTD - RAISES A$16.6M TO ACCELERATE DEVELOPMENT OF
KGP
* AUSGOLD LTD - WILL RESULT IN ISSUE OF 415 MILLION NEW
SHARES AT
A$0.04 PER NEW SHARE
Source text for Eikon: ID:nASX4wnLr7
Further company coverage: AUC.AX
((Reuters.Briefs@thomsonreuters.com;))