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Strategies & Market Trends : Dino's Bar & Grill -- Ignore unavailable to you. Want to Upgrade?


To: Goose94 who wrote (2659)7/30/2014 9:27:42 AM
From: Goose94Read Replies (1) | Respond to of 203012
 
Klondex Mines (KDX-V) July 30, '14 has completed a previously announced bought deal public offering of 8.05 million common shares at a price of $2 per common share for aggregate gross proceeds of $16.1-million through a syndicate of underwriters led by GMP Securities LP and including RBC Dominion Securities Inc., M Partners Inc., Industrial Alliance Securities Inc., Dundee Securities Ltd. and Mackie Research Capital Corp. The offering included the issue of 1.05 million common shares at the offering price upon the exercise of the overallotment option granted by the company to the underwriters under the offering, which was fully exercised.

The company plans to use the net proceeds from the offering toward accelerated exploration and development at the company's Midas mine, and exploration and development at its Fire Creek gold project.