- Pure Gold Mining (PGM) has closed its bought deal offering for gross proceeds of $23,000,460
- The company issued 21,905,200 units at a price of $1.05 per unit
- The offering was led by National Bank Financial Inc.
- Net proceeds from the offering will be used to fund the continued ramp-up of operations at the PureGold Mine Project
- Pure Gold Mining Inc is a Canadian-based mining company
- Pure Gold Mining Inc. (PGM) opened trading at C$0.87 per share
Pure Gold Mining (PGM) has closed its previously announced bought deal offering for gross proceeds of $23,000,460.
The company issued 21,905,200 units at a price of $1.05 per unit, including the full exercise of the underwriters’ over-allotment option. Each unit includes one common share and one-half share purchase warrant.
Each warrant can be exercised for one common share at a price of C$1.36 until March 28, 2023.
The offering was led by National Bank Financial Inc., and including Clarus Securities Inc., Desjardins Securities Inc., Stifel Nicolaus Canada Inc., Haywood Securities Inc., PI Financial Corp. and Sprott Capital Partners LP.
Net proceeds from the offering will be used to fund the continued ramp-up of operations at the PureGold Mine Project and for general corporate purposes.
Pure Gold Mining Inc is a Canadian-based mining company engaged in the exploration and development of gold and other precious and base metal properties.
Pure Gold Mining Inc. (PGM) opened trading at C$0.87 per share.