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Trevali Mining Increases Bought Deal Financing Due to Demand
Jul. 06, 2012 01:28PM PST
Silver InvestingTrevali Mining Corporation (TSX:TV,OTCQX:TREVF,FWB:4TI) increased its flow-through private placement financing to 15,000,000 common shares to be issued on a “flow-through” basis under the Income Tax Act (Canada) at Cdn$1.03 per Flow-through Share for aggregate gross proceeds of Cdn$15,450,000.
Trevali Mining Corporation (TSX:TV,OTCQX:TREVF,FWB:4TI) increased its flow-through private placement financing to 15,000,000 common shares to be issued on a “flow-through” basis under the Income Tax Act (Canada) at Cdn$1.03 per Flow-through Share for aggregate gross proceeds of Cdn$15,450,000.
As quoted in the press release:
The Offering is scheduled to close on or about July 25, 2012 and is subject to a number of conditions including, without limitation, receipt of all regulatory approvals. All securities issued will be subject to a four month hold period.
Click here to read the Trevali Mining (TSX:TV,OTCQX:TREVF,FWB:4TI) press release
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