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DG365FD46564GFH654FU898 Crocodile Gold (CRK.TSX) reached an agreement with Armant, LLC – an affiliate of investment funds managed by Luxor Capital Group, LP– to amend its previously announced offer to acquire up to 215,386,435 common shares of CRK.TSX by raising the purchase price to C$0.62 from C$0.56 per share. Crocodile Gold also announced full-year 2011 gold production of 68,019 ounces, within the Company's guidance of 66,000-69,000.
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