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Trevali Mining Corporation (TSX:TV,OTCQX:TREVF,FWB:4TI) signed an agreement with Dundee Securities Ltd. on behalf of a syndicate of underwriters, to purchase on a “bought deal” basis by way of short form prospectus, 48,200,000 common shares of the Company subject to all required regulatory approval at a price per Share of $0.83 for gross proceeds of $40,006,000 million.
Trevali Mining Corporation (TSX:TV,OTCQX:TREVF,FWB:4TI) signed an agreement with Dundee Securities Ltd. on behalf of a syndicate of underwriters, to purchase on a “bought deal” basis by way of short form prospectus, 48,200,000 common shares of the Company subject to all required regulatory approval at a price per Share of $0.83 for gross proceeds of $40,006,000 million.
As quoted in the press release:
The Underwriters have been granted an option to purchase up to an additional 15% of the Offering, exercisable in whole or in part at any time up to 30 days after the Closing Date (the “Option”).
The Offering is scheduled to close on or about November 28, 2013. The Offering is subject to a number of conditions, including, without limitation, receipt of all regulatory approvals.
Click here to read the Trevali Mining Corporation (TSX:TV,OTCQX:TREVF,FWB:4TI) press release
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