Nov 30 (Reuters) - Westgold Resources Ltd WGX.AX :
* GEAR WILL INVEST IN WESTGOLD, AGREEING TO TAKE A DILUTED 10% POSITION IN NEW EQUITY CAPITAL
* TO FORM A STRATEGIC ALLIANCE WITH GOLDEN ENERGY AND RESOURCES LTD TO SUPPORT EXPANSION OF WESTGOLD'S AUSTRALIAN GOLD OPERATIONS
* PLACEMENT WILL OCCUR AT A PRICE OF A$1.885 PER SHARE