SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Gold & Gold Stock Analysis
GLD 387.98+1.3%4:00 PM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: orkrious who wrote (3159)4/6/2006 11:55:02 AM
From: re3  Read Replies (1) of 29622
 
found this>
Press Release Source: Pan American Silver Corp.

Pan American Silver announces public offering of common shares
Wednesday April 5, 5:32 pm ET

VANCOUVER, April 5 /PRNewswire-FirstCall/ - Pan American Silver Corp. (PAAS: NASDAQ; PAA: TSX) announced today that it will file a preliminary prospectus supplement to its existing US$150 million base shelf prospectus with the securities regulatory authorities in the provinces of Canada and will make a similar filing with the SEC in connection with a public offering of approximately 5.75 million common shares (the "Offering").
The Company will also grant to the underwriters an option, exercisable for a period of 30 days following the closing of the Offering, to purchase additional common shares, subject to a maximum Offering size of US$150 million.

The Company expects to use the net proceeds of this Offering primarily for the construction and development of its Manantial Espejo silver project in Argentina and the remainder for working capital and general corporate purposes.

Bear Stearns & Co. Inc. and BMO Nesbitt Burns Inc. will act as joint book-runners for the Offering, with CIBC World Markets Inc., Merrill Lynch, Pierce, Fenner & Smith Incorporated, Canaccord Capital Corporation and National Bank Financial Inc. acting as co-managers in the underwriting syndicate.

Once filed, a copy of the preliminary prospectus supplement and the base shelf prospectus may be obtained from
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News