$9,527,500 Bought Deal Private Placement of Flow-Through Shares Announced by Trevali

Silver Investing

Trevali Mining Corporation (TSX:TV,OTCQX:TREVF,FWB:4TI) has entered into an agreement with a syndicate of underwriters led by Raymond James Ltd. to purchase, on a “bought deal” private placement basis, 9,250,000 common shares to be issued on a “flow-through” basis at Cdn$1.03 per Flow-through Share for aggregate gross proceeds of Cdn$9,527,500.

Trevali Mining Corporation (TSX:TV,OTCQX:TREVF,FWB:4TI) has entered into an agreement with a syndicate of underwriters led by Raymond James Ltd. to purchase, on a “bought deal” private placement basis, 9,250,000 common shares to be issued on a “flow-through” basis at Cdn$1.03 per Flow-through Share for aggregate gross proceeds of Cdn$9,527,500.

As quoted in the press release:

In connection with the Offering, the Underwriters will receive a cash commission equal to 5.0% of the gross proceeds raised under the Offering. The Closing Date of the Offering is scheduled on or about July 25, 2012. All securities issued will be subject to a four month hold period. The Offering is subject to a number of conditions including, without limitation, receipt of all regulatory approvals.

Click here to read the Trevali Mining (TSX:TV) press release
Click here to see the Trevali Mining (TSX:TV) profile.

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