Jan 17 (Reuters) - Rye Patch Gold Corp RPM.V :
* RYE PATCH GOLD CORP. ANNOUNCES $15 MILLION BOUGHT DEAL PRIVATE PLACEMENT; ESTABLISHES STRATEGIC REVIEW PROCESS
* RYE PATCH GOLD - STRATEGIC REVIEW WILL CONSIDER NUMEROUS ALTERNATIVES FOR CO, INCLUDING POTENTIAL MERGERS, ACQUISITIONS OR DISPOSITIONS, AMONG OTHERS
* RYE PATCH GOLD - ENTERED AGREEMENT UNDERWRITERS, WHERE UNDERWRITERS, ON PRIVATE PLACEMENT BASIS, AGREED TO BUY 11.5 MILLION UNITS OF CO AT $1.30/UNIT
* RYE PATCH GOLD - BOARD APPOINTED SPECIAL COMMITTEE OF INDEPENDENT DIRECTORS TO REVIEW, EVALUATE PROPOSALS CONSIDERED PART OF STRATEGIC REVIEW PROCESS
* RYE PATCH GOLD CORP - NET PROCEEDS OF OFFERING TO BE USED FOR DEBT SERVICING, WORKING CAPITAL AND CONTINUED RAMP UP OF FLORIDA CANYON MINE
* RYE PATCH GOLD CORP - COMPANY'S MINE RAMP UP AT FLORIDA CANYON WILL BE UNAFFECTED BY STRATEGIC REVIEW PROCESS