The Conversation (0)
Trevali Mining Corporation (TSX:TV,OTCQX:TREVF) announces that an amended and restated preliminary short form prospectus has been filed and receipted with the Securities Commissions in each of the Provinces of Canada in connection with a unit (the “Unit”) and flow-through common share offering (the “Offering”), which qualify as “flow-through” shares for purposes of the Income Tax Act (Canada) (the “FT Shares” and together with the Units, the “Offered Securities”).
Trevali Mining Corporation (TSX:TV,OTCQX:TREVF) announces that an amended and restated preliminary short form prospectus has been filed and receipted with the Securities Commissions in each of the Provinces of Canada in connection with a unit (the “Unit”) and flow-through common share offering (the “Offering”), which qualify as “flow-through” shares for purposes of the Income Tax Act (Canada) (the “FT Shares” and together with the Units, the “Offered Securities”).
As quoted in the press release:
The Offering will be priced in the context of the market with final terms to be determined at the time of pricing. The Offering is expected to raise approximately $30 million in gross proceeds, of which the proceeds from the FT Share portion will represent no more than $10 million. Each Unit will consist of one common share in the capital of the Company (a “Common Share”) and one half of one common share purchase warrant (each whole purchase warrant, a “Warrant”). Each Warrant will entitle the holder to purchase one Common Share for a period of two years following the closing of the Offering.
Click here to read the Trevali Mining Corporation (TSX:TV,OTCQX:TREVF) press release.
Click here to view the Trevali Mining Corporation (TSX:TV,OTCQX:TREVF) profile.