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Report Title Price
Provider: Thomson Reuters Stock Report
Provider: Reuters Investment Profile
Provider: Streetwise Reports
Provider: Jennings Capital Inc.

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Roxgold Inc Announces $10.0 Million Bought Deal Private Placement

Friday, 12 Jul 2013 03:27pm EDT 

Roxgold Inc announced that it has entered into an agreement with a syndicate of underwriters led by Cormark Securities Inc. and including Macquarie Capital Markets Canada Ltd., Toll Cross Securities Inc., GMP Securities L.P., Jennings Capital Inc., and Raymond James Limited (collectively the Underwriters) pursuant to which the Underwriters have agreed to purchase 25,000,000 common shares (Common Shares) of the Company on a bought deal private placement basis at a price of $0.40 per Common Share, for aggregate gross proceeds of $10,000,000. The Company will pay the Underwriters a cash commission equal to 5.0% of the gross proceeds of the offering. The Company intends to use the net proceeds of the offering to advance the Yaramoko Permit and further exploration at the property, as well as for general working capital purposes. 

Company Quote

-0.01 -1.45%
26 May 2015