8th Apr 2021 16:25
Pure Gold Mining Inc - Vancouver, Canada-based gold miner - Enters into an agreement with Clarus Securities Inc, a lead underwriter of a syndicate of underwriters which have agreed to purchase, on a bought deal basis, 6.6 million shares for CAD10.0 million, about GBP5.8 million. The shares will be priced at at USD1.52 each. The company says it has also granted to the underwriters an over-allotment option to purchase an additional 987,500 shares on the same terms in the next 30 days. In the event the over-allotment option is exercised in full, the aggregate gross proceeds of the offering will be CAD11.5 million.
Current stock price: 86.50 pence, up 5.5% on Thursday
Year-to-date change: down 42%
By Evelina Grecenko; [email protected]
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