Nov 7 (Reuters) - Compass Gold Corp CVB.V :
* COMPASS GOLD TO RAISE $5,500,000 IN OVER-SUBSCRIBED PRIVATE PLACEMENT
* COMPASS GOLD CORP - HAS INCREASED SIZE OF NON-BROKERED PRIVATE PLACEMENT OF TOTAL OF ABOUT 15.7 MILLION COMMON SHARES OF CO AT PRICE OF $0.35 PER SHARE