Exeter announces terms of equity financing (PR Newswire)

Exeter Resource Corporation is pleased to announce that in connection with its previously announced overnight marketed public offering on November 9, 2009 , it has entered into an underwriting agreement with a syndicate of underwriters to sell 8,550,000 common shares in the Company at a price of C$5.85 per share to raise gross proceeds of C$50,017,500 pursuant to a short form prospectus in Canada and a concurrent private placement to persons within the United States and to, or for the account or benefit of, U.S. persons (as such terms are defined in Regulation S under the U.S.