CHANCELLOR GROUP INC. (CHAG): announcements explained, share price

Announcements, explained

Each one in plain English, with the numbers worked through for a shareholder.

2 Dec 2010capital raising announcement● NeutralMajor

Chancellor agreed to fund a new Zimbabwe gold exploration venture with local partner Munda We Gold at $50,000 a month during a 90-day diligence period -- a striking diversification attempt for a small Texas Panhandle oil and gas company just two years removed from bankruptcy.

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