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Strategies & Market Trends : Dino's Bar & Grill

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To: Andrew~ who wrote (6324)4/23/2014 9:06:45 AM
From: Goose94Read Replies (1) of 202922
 
Richmont Mines (RIC-T) Apr 23, '14 has closed the bought deal financing previously announced on April 3, 2014. The corporation issued a total of 8.05 million common shares at a price of $1.45 per share, including the entire overallotment option of 1.05 million common shares, on a bought-deal basis, for aggregate gross proceeds of $11,672,500, through a syndicate of underwriters lead by Macquarie Capital Markets Canada Ltd. and including BMO Nesbitt Burns Inc., CIBC World Markets Inc. and Desjardins Securities Inc.

The proceeds from the offering will be used for working capital and general corporate purposes.
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