- Osisko Metals (OM) has closed its private placement for gross proceeds of $5,007,735.84
- The company issued an aggregate of 10,432,783 common flow-through shares priced at $0.48 per share
- The gross proceeds from the offering will be used to incur eligible “Canadian exploration expenses” related to the Pine Point Zinc Project
- Osisko Metals is a Canadian exploration and development company
- Osisko Metals Incorporated (OM) is unchanged, trading at C$0.37 per share at 2:15 pm EST
Osisko Metals (OM) has closed its private placement for gross proceeds of $5,007,735.84.
The company issued an aggregate of 10,432,783 common flow-through shares priced at $0.48 per share.
The brokered portion of the offering was led by Haywood Securities Inc., as lead agent and book runner, and Canaccord Genuity Corp. The agents received a cash commission and other fees equal to $221,470.
The gross proceeds from the offering will be used to incur eligible “Canadian exploration expenses” related to the Pine Point Zinc Project, located in the Northwest Territories.
Osisko Metals is a Canadian exploration and development company that controls one of Canada’s premier past-producing zinc mining camps, the Pine Point Project, located in the Northwest Territories.
Osisko Metals Incorporated (OM) is unchanged, trading at C$0.37 per share at 2:15 pm EST.
