https://www.miningweekly.com
Aggregate|Copper|Financial
Aggregate|Copper|Financial
aggregate|copper|financial

Capstone Copper to raise C$375m in bought deal

2nd February 2024

By: Mariaan Webb

Creamer Media Senior Deputy Editor Online

     

Font size: - +

Americas-focused Capstone Copper on Thursday announced a C$375-million bought deal to raise cash for its near-term growth initiatives in Chile.

Capstone and affiliates of Orion Mine Finance have entered into an agreement with a syndicate of underwriters, led by RBC Capital Markets, as lead bookrunner and including National Bank Financial and Scotiabank as joint bookrunners, on a deal to sell 59.52-million common shares at AC$6.30 each.

The underwriters have an option, exercisable in whole or in part up to 30 days after closing, to purchase an additional 8.92-million shares, raising the aggregate gross proceeds of the offering to C$431.23-million.

The offer would close on February 8.

 

Edited by Creamer Media Reporter

Comments

Showroom

Werner South Africa Pumps & Equipment (PTY) LTD
Werner South Africa Pumps & Equipment (PTY) LTD

For over 30 years, Werner South Africa Pumps & Equipment (PTY) LTD has been designing, manufacturing, supplying and maintaining specialist...

VISIT SHOWROOM 
Immersive Technologies
Immersive Technologies

Immersive Technologies is the world's largest, proven and tested supplier of simulator training solutions to the global resources industry.

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Magazine round up | 19 April 2024
Magazine round up | 19 April 2024
19th April 2024
Resources Watch
Resources Watch
17th April 2024

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.111 0.144s - 93pq - 2rq
1:
1: United States
Subscribe Now
2: United States
2: