Analyst Research

Report Title Price
Provider: Reuters Investment Profile
$20.00
Provider: Thomson Reuters Stock Report
$25.00
Provider: Streetwise Reports
$12.00
Provider: Jennings Capital Inc.
$35.00

NYSE and AMEX quotes delayed by at least 20 minutes. NASDAQ delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

Roxgold Inc Announces Increased Size of Previously Announced Bought Deal Private Placement


Monday, 15 Jul 2013 04:30pm EDT 

Roxgold Inc announced that it has agreed 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) to increase the size of the bought deal private placement of common shares, announced on July 12, 2013, by 625,000 common shares ($250,000) to 25,625,000 common shares (Common Shares) of the Company at a price of $0.40 per Common Share, for aggregate gross proceeds of $10,250,000. The Company will pay the Underwriters a cash commission equal to 5.0% of the gross proceeds of the offering. Closing of the offering is anticipated to occur, as previously announced, on or before August 1, 2013 and is subject to certain conditions including, but not limited to, the receipt of all necessary approvals including the approval of the TSX Venture Exchange. 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. The Common Shares to be issued in connection with the Offering will be subject to a four-month hold period. 

Company Quote

0.76
-0.02 -2.56%
30 Sep 2014