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Colossus Minerals Inc. (TSX:CSI,OTCQX:COLUF) filed and received a receipt for a preliminary short form prospectus in connection with an overnight marketed public offering of equity securities in the capital of the Company. The Offering will be conducted through a syndicate of underwriters co-led by GMP Securities L.P. and Dundee Securities Ltd. and is expected to close on or about August 13, 2013.
As quoted in the press release:
The Offering will be conducted through a syndicate of underwriters co-led by GMP Securities L.P. and Dundee Securities Ltd. (the “Underwriters”). The Company has agreed to grant the Underwriters an over-allotment option to purchase up to that number of additional equity securities as is equal to 15% of the Securities sold pursuant to the Offering, exercisable in whole or in part, at any time on or prior to the date that is 30 days following the closing of the Offering at a price equal to the offering price of the Securities. The Offering will be priced in the context of the market with final terms to be determined at the time of entering into an underwriting agreement.
The Securities will be offered by way of a short form prospectus to be filed in all of the provinces of Canada, except Quebec.
Click here to read the Colossus Minerals Inc. (TSX:CSI,OTCQX:COLUF) press release
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