Continental Gold’s(TSX:CNL; OTCQX:CGOOF) shares surged over 11% on Friday, the same day the Toronto- based miner announced that it obtained a$175 millionfinancing package backed by Newmont and Triple Flag Mining Finance. The package includes a $50 milliondebenture from Newmont, and a$100 milliongold and silver stream from Triple Flag . Each of the debentures will be convertible at the holder's option into common shares of the company at a conversion price ofC$3.00per share, representing a 27.1% premium to the 30-day volume weighted average share price on the TSX. Assuming full conversion of the debenture issued to ... (full story)