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RR1:AU
Rights Issue and Shortfall
Trevali Mining Announces Terms of Common Share Offering
Mar. 01, 2016 07:47AM PST
Base Metals Investing 
Trevali Mining Corporation (TSX:TV) announced terms of its previously-announced “best efforts” marketed offering by way of preliminary short-form prospectus.
Trevali Mining Corporation (TSX:TV) announced terms of its previously-announced “best efforts” marketed offering by way of preliminary short-form prospectus. The Company will issue 31,250,000 common shares in the capital of the Company at a price of $0.32 per Common Share for aggregate gross proceeds of C$10,000,000. The Offering is being led by Dundee Securities Ltd., on behalf of a syndicate of agents.
The Company intends to use the net proceeds of the Offering for ongoing commissioning and ramp-up expenditures at its Caribou Zinc Mine in New Brunswick, for working capital and for general corporate purposes.
Connect with Trevali Mining Corporation (TSX:TV) to receive an Investor Presentation.
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