CDB-V In order to satisfy additional demand Cordoba Minerals Jan 17, '14 has increased the size of its equity financing, previously announced on Jan. 15, 2014, from up to 24 million subscription receipts to 30 million subscription receipts at a price of 50 cents per subscription receipt for aggregate gross proceeds of $15-million. Cordoba has been informed by the co-lead agents, GMP Securities LP, Dundee Securities Ltd. and BMO Capital Markets, that the books are now closed and there will be no overallotment option on the equity offering.
The equity offering is expected to close on or about Feb. 7, 2014, and remains subject to the receipt of all required regulatory approvals, including, without limitation, the approval of the TSX Venture Exchange. |
