CXBMF - Calibre Announces Closing of C$115 Million Financing | Benzinga
Not for distribution to U.S. news wire services or dissemination in the United States.
VANCOUVER, British Columbia, April 16, 2024 (GLOBE NEWSWIRE) -- Calibre Mining Corp. (TSX:CXB, OTCQX:CXBMF) ("Calibre" or the "Company") is pleased to announce that it has closed its previously announced bought deal financing (the "Offering") for aggregate gross proceeds of C$115,147,200.
Pursuant to the Offering, a total of 68,540,000 common shares of the Company ("Common Shares"), including 8,940,000 Common Shares issued pursuant to the exercise in full of the over-allotment option, were sold at a price of C$1.68 per Common Share. The Common Shares issued pursuant to the Offering were offered by way of a short form prospectus filed in all provinces and territories of Canada, except Québec. The Offering was conducted through a syndicate of underwriters comprised of BMO Capital Markets, as lead underwriter, and Canaccord Genuity Corp., Scotia Capital Inc., Haywood Securities Inc. and Cormark Securities Inc.
This news release is not an offer to the public to subscribe for Common Shares or otherwise acquire Common Shares or other financial instruments in the Company.
This news release does not constitute an offer to sell or a solicitation of an offer to sell any of securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, ...