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Newcastle Investment Corp. (NYSE:NCT) announced that it has completed the sale of 25,875,000 shares of its common stock at a price of $4.55 per share. The gross proceeds of the sale were approximately $117.7 million, including proceeds from the sale of 3,375,000 shares pursuant to the exercise in full of the underwriters' option to purchase additional shares of common stock.

Newcastle Investment Corp. (NYSE:NCT) reported that for the quarter ended September 30, 2010, income applicable to common stockholders (“GAAP income”) was $162 million, or $2.61 per diluted share, compared to $50 million, or $0.94 per diluted share, for the quarter ended September 30, 2009.

Orofino Gold Corp. (ORFG.PK) has previously acquired a 55% interest in the Mina Azul/La Estrella property with the rights to acquire up to 80%. By acquiring its interest in an established operating mine, Orofino has established itself as a serious participant in the effort to revitalize the Senderos de Oro mining scene.

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