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Trevali Mining Corp. (TSX:TV,OTCQX:TREVF,FWB:4TI) announced that the Company has priced and executed an underwriting agreement with a syndicate of underwriters.
Trevali Mining Corp. (TSX:TV,OTCQX:TREVF,FWB:4TI) announced that the Company has priced and executed an underwriting agreement with a syndicate of underwriters.
As quoted in the press release:
The Company has priced and executed an underwriting agreement with a syndicate of underwriters led by Raymond James Ltd. and including M Partners Inc., GMP Securities L.P., Scotia Capital Inc., and Paradigm Capital Inc. (collectively, the “Underwriters”) in connection with a previously announced offering of units (the “Units”) and flow-through common shares (“FT Shares”) (together, the “Offering”). A short form prospectus of the Company will be filed with the securities regulatory authorities in each of the provinces of Canada. The Units will be priced at CDN$0.90 and will consist of one common share in the capital of the Company (a “Common Share”) and one half of one common share purchase warrant (each whole purchase warrant, a “Warrant”). Each Warrant will entitle the holder to purchase one Common Share at a price of CDN$1.10 for a period of two years following the closing of the Offering. The FT Shares will be priced at CDN$1.00 per FT Share.
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