ATB Cormark Capital Markets
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Latest Stories
Radisson Announces Upsize of Bought Deal Financing to $22 Million
Not for distribution to United States newswire services or for dissemination in the United States Toronto, ON – Radisson Mining Resources Inc. (TSX-V: RDS, OTCQX: RMRDF) (“Radisson” or the “Company”) is pleased to announce that in connection with its previously announced “bought deal” private placement, the Company and ATB Cormark Capital Markets (“ATB Cormark”), on behalf of a syndicate of underwriters (collectively, the “Underwriters”), have agreed to increase the size of the private placement to aggregate gross proceeds of approximately $22 million. The Offering will consist of the issuance and sale of 15,941,797 Class Acommon shares of the Company that will each qualify as “flow-through shares” (within the meaning of subsection 66(15) of the Income Tax Act (Canada)) that may be issued as part of a charity arrangement (the “FT Shares”), at a price of $1.38 per FT Share, for gross proceeds of $21,999,679.86 (the “Offering”). In addition, the Company and ATB Cormark have also agreed to maintain the size of the option granted to the Underwriters (the “Option”) to increase the size of the Offering by up to an additional $3,000,120, on the same terms and conditions as the Offering, by giving written notice of the exercise of the […]
Radisson Announces $20 Million Bought Deal Financing
Not for distribution to United States newswire services or for dissemination in the United States Toronto, ON – Radisson Mining Resources Inc. (TSX-V: RDS, OTCQX: RMRDF) (“Radisson” or the “Company”) is pleased to announce that it has entered into an agreement with ATB Cormark Capital Markets to act as lead underwriter and sole bookrunner on behalf of a syndicate of underwriters (collectively, the “Underwriters”) in connection with a “bought deal” private placement of 14,493,000 Class Acommon shares of the Company that will each qualify as “flow-through shares” (within the meaning of subsection 66(15) of the Income Tax Act (Canada)) (the “FT Shares”), at a price of $1.38 per FT Share, for gross proceeds of $20,000,340 (the “Offering”). In addition, the Company will grant the Underwriters an option (the “Option”) to increase the size of the Offering by up to an additional $3,000,120, on the same terms and conditions as the Offering, by giving written notice of the exercise of the Option, or a part thereof, to the Company at any time up to 48 hours prior to Closing Date (as defined below). In the event the Option is fully exercised, the maximum gross proceeds raised under the Offering will be […]
