Brief: Scotgold Resources To Raise Funds
April 21 (Reuters) - Scotgold Resources Ltd SGZ.L :
* SUBSCRIPTION & OPEN OFFER TO RAISE £1.5-2.0M
* IT WOULD BE PRUDENT TO RAISE ADDITIONAL EQUITY FUNDS NOW
* BASED ON INDICATIONS RECEIVED, DIRECTORS EXPECT THAT OPEN
OFFER
WILL RAISE A MINIMUM OF £1.0 MILLION
Source text for Eikon: ID:nRSU9839Wa
Further company coverage: SGZ.L
((Reuters.Briefs@thomsonreuters.com;))