https://www.engineeringnews.co.za

Pure Gold upsizes bought-deal financing

9th April 2021

By: Creamer Media Reporter

     

Font size: - +

Ontario gold miner Pure Gold Mining has increased the size of its previously announced C$10-million bought-deal offering, on the back of strong demand.

Pursuant to the upsized deal terms, Clarus Securities, as lead underwriter for a syndicate of underwriters, has agreed to 9 868 400 flow-through shares for gross proceeds of about C$15-million.

The flow-through shares will be priced at $1.52 each.

The underwriters have an over-allotment option to purchase an additional 1 480 300 shares, which, should it be exercised in full, will increase the gross proceeds of the offering to C$17.25-million.

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

Alco-Safe
Alco-Safe

Developed to exceed the latest EN 15964 standards for police breathalysers proving that it will remain accurate and reliable for many years to come.

VISIT SHOWROOM 
Rittal
Rittal

Rittal is a world leading provider of top-quality integrated systems for enclosures, power distribution, climate control, IT infrastructure and...

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 0.861s - 140pq - 2rq
Subscribe Now