Wellgreen Platinum Ltd. (TSXV:WG,OTCQX:WGPLF) has completed its previously announced bought deal financing led by Dundee Securities Ltd., along with Edgecrest Capital Corporation, Haywood Securities Inc. and Mackie Research Capital Ltd. as underwriters, together with H.C. Wainwright & Co., LLC as U.S. Placement Agent.
Wellgreen Platinum Ltd. (TSXV:WG,OTCQX:WGPLF) has completed its previously announced bought deal financing led by Dundee Securities Ltd., along with Edgecrest Capital Corporation, Haywood Securities Inc. and Mackie Research Capital Ltd. as underwriters, together with H.C. Wainwright & Co., LLC as U.S. Placement Agent. Wellgreen will put the net proceeds of the offering toward the initiation of Pre-feasibility studies on its flagship Wellgreen PGM-nickel-copper project, and towards further exploration and development of its properties as well as for general corporate purposes.
As quoted in the press release:
Pursuant to the Offering, 10,615,650 units of the Company (the “Units”) were issued, at a price of C$0.65 per Unit, for total gross proceeds of C$6,900,172, representing the base offering size of 9,231,000 Units and the exercise in full of the over-allotment option for an additional 1,384,650 Units.
Wellgreen CEO, Greg Johnson, said:
The Company appreciates the high level of participation from our existing shareholders and the strong level of interest from new investors in this offering. These funds will facilitate the continued advancement of our flagship Wellgreen project and will enable us to take full advantage of the field season to initiate Pre-feasibility-level work, while we finalize engineering on the updated Preliminary Economic Assessment.
Click here to read the Wellgreen Platinum Ltd. (TSXV:WG) press release
MARKETS
COMMODITIES
Commodities | |||
---|---|---|---|
Gold | 1774.49 | -0.97 | |
Silver | 20.11 | -0.02 | |
Copper | 3.64 | +0.01 | |
Palladium | 2160.00 | +15.00 | |
Platinum | 937.60 | +3.60 | |
Oil | 86.69 | +0.16 | |
Heating Oil | 3.45 | +0.01 | |
Natural Gas | 9.34 | +0.01 |
DOWNLOAD FREE REPORTS
BROWSE COMPANIES BY SECTOR
- Agriculture Investing
- Phosphate Investing
- Potash Investing
- Base Metals Investing
- Copper Investing
- Iron Investing
- Lead Investing
- Nickel Investing
- Zinc Investing
- Battery Metals Investing
- Cobalt Investing
- Graphite Investing
- Lithium Investing
- Manganese Investing
- Vanadium Investing
- Critical Metals Investing
- Magnesium Investing
- Rare Earth Investing
- Scandium Investing
- Tantalum Investing
- Tellurium Investing
- Tungsten Investing
- Energy Investing
- Oil and Gas Investing
- Uranium Investing
- Gem Investing
- Diamond Investing
- Industrial Metals Investing
- Aluminum Investing
- Chromium Investing
- Coal Investing
- Molybdenum Investing
- Tin Investing
- Precious Metals Investing
- Gold Investing
- Palladium Investing
- Platinum Investing
- Silver Investing
- 3D Printing Investing
- Bitcoin Investing
- Blockchain Investing
- Cleantech Investing
- Cloud Investing
- Cryptocurrencies
- Data Investing
- Emerging Tech Investing
- Artificial Intelligence Investing
- Mobile Investing
- Robotics Investing
- Fintech Investing
- Gaming Investing
- Esports Investing
- Nanoscience Investing
- Graphene Investing
- Nanotech Investing
- Security Investing
Featured {{ post.primary_section_name }} Stocks
Investing News Network websites or approved third-party tools use cookies. Please refer to the cookie policy for collected data, privacy and GDPR compliance. By continuing to browse the site, you agree to our use of cookies.