April 8 (Reuters) - Compass Gold Corp CVB.V :
* COMPASS GOLD ANNOUNCES PRIVATE PLACEMENT
* COMPASS GOLD CORP - PRIVATE PLACEMENT FOR AGGREGATE GROSS PROCEEDS OF UP TO $2.0 MILLION
* COMPASS GOLD CORP - PROCEEDS OF OFFERING WILL BE USED TO ADVANCE EXPLORATION EFFORTS SIKASSO PROPERTY IN SOUTHERN MALI
* COMPASS GOLD CORP - INTENDS TO ISSUE, ON A NON-BROKERED PRIVATE PLACEMENT BASIS, UP TO 6.7 MILLION COMMON SHARES OF COMPANY, AT PRICE OF $0.30 PER SHARE