Provider: Thomson Reuters Stock Report
Northern Vertex Mining Corp: Business description, financial summary, 3yr and interim financials, key statistics/ratios and historical ratio analysis.
Provider: Reuters Investment Profile
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Northern Vertex Mining Corp Files Preliminary Prospectus for Common Shares Offering
Northern Vertex Mining Corp announced that it has filed a preliminary short form prospectus with the securities regulatory authorities in the provinces of British Columbia, Alberta, Saskatchewan, Manitoba, Ontario, New Brunswick, Newfoundland and Labrador, Nova Scotia and Prince Edward Island (collectively, the Jurisdictions) in connection with a best efforts marketed equity offering (the Offering) to raise gross proceeds of up to $10 million with a syndicate of agents led by Paradigm Capital Inc. (Paradigm) and including Cormark Securities Inc. and Haywood Securities Inc. (collectively, the Agents). The Offering will consist of the sale of common shares (the Common Shares) at a price to be determined in the context of the market (the Issue Price). The Agents shall have the option, exercisable in whole or in part at closing and for a period of up to 30 days following the Closing Date (as hereinafter defined), to purchase an additional 15% of the number of Common Shares sold under the Offering at the Issue Price per Common Share. The Offering is expected to close before market opening on August 13, 2013 but may close, if at all, as otherwise agreed by the Company and lead agent Paradigm (the Closing Date). The net proceeds from the Offering will be used to advance the Company's business plan for the exploration and development of the Moss Mine Gold-Silver Project in Mohave County, Arizona.
Latest Developments for Northern Vertex Mining Corp
- Northern Vertex Mining Corp increases non-brokered private placement financing to C$3.5 million
- Northern Vertex Mining Corp announces C$2.5 mln non-brokered private financing
- Northern Vertex Mining Corp Announces $5 Million Private Placement Financing
- Northern Vertex Mining Corp Closes Sale Of Lemhi Property Joint Venture Interest For Total Proceeds Of $7.65 Million
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