Posted by Buygold
@ 7:27 on August 2, 2019
I guess at least it puts a floor on the shares of $.75
GREAT PANTHER MINING LIMITED (NYSE:GPL, TSX:GPR) (“Great Panther”, the “Company”) announces that the Company has entered into an agreement dated August 1, 2019 with Cantor Fitzgerald Canada Corporation (“CFCC”), as lead underwriter and sole book-running manager, on behalf of itself and a syndicate of underwriters including H.C. Wainwright & Co., LLC as lead manager, and Scotiabank and Eight Capital, acting as co-managers (collectively with CFCC, the “Underwriters”), to purchase, on a bought deal basis, 20,000,000 common shares of the Company (the “Offered Shares”) at the price of US$0.75 per Offered Share (the “Issue Price”) for aggregate gross proceeds of approximately US$15.0 million (the “Offering”).
No comments yet.
RSS feed for comments on this post.
Sorry, the comment form is closed at this time.
Loading ...