https://www.engineeringnews.co.za

G2 Goldfields to raise C$12m in bought-deal offer

17th March 2023

By: Creamer Media Reporter

     

Font size: - +

TSX-V-listed G2 Goldfields has announced a C$12-million capital raising to advance exploration activities at its Oko project, in Guyana.

The company has entered into an agreement with a syndicate of underwriters, led by Cormark Securities, to purchase on a "bought deal" basis 15-million common shares of the company at a price of C$0.80 each.

The underwriters also have an option to purchase that number of additional shares equal to 15% of the number of shares sold pursuant to the offering at the offering price, for market stabilization purposes and to cover any over-allotments, if any, for a period expiring 30 days after the date of closing of the offering.

To watch Creamer Media's latest video reports, click here
 

Edited by Mariaan Webb
Creamer Media Contract Publishing Editor

Article Enquiry

Email Article

Save Article

Feedback

To advertise email advertising@creamermedia.co.za or click here

Showroom

Trotech
Trotech

Design, Construction and Maintenance of Site Erected, Welded Bulk Storage Tanks for the Petrochemical, LNG, Ammonia and Sustainable fuel Sectors.

VISIT SHOWROOM 
Sika South Africa
Sika South Africa

Sika South Africa is a trusted partner for the nation’s infrastructure, commercial, residential, and industrial sectors.

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







301

sq:0.056 1.076s - 140pq - 2rq
Subscribe Now