https://www.miningweekly.com
Exploration|Financial|Mining
Exploration|Financial|Mining
exploration|financial|mining

SilverCrest announces $75m bought-deal financing

12th March 2020

By: Creamer Media Reporter

     

Font size: - +

Vancouver-headquartered SilverCrest on Wednesday announced a C$75-million bought-deal financing.

The exploration company said it had entered into an agreement with a syndicate of underwriters, led by National Bank Financial, Eight Capital and Scotia Capital, pursuant to which the underwriters had agreed to purchase, on a bought-deal basis, 9.10-million shares at C$8.25 a share.

SSR Mining has a right to maintain its pro rata ownership interest of up to 9.9% of the outstanding shares of SilverCrest.

The offering is expected to close on or about April 3.

SilverCrest’s stock fell sharply on Wednesday, closing at C$7.30 a share.

Edited by Creamer Media Reporter

Comments

Showroom

Booyco Electronics
Booyco Electronics

Booyco Electronics, South African pioneer of Proximity Detection Systems, offers safety solutions for underground and surface mining, quarrying,...

VISIT SHOWROOM 
Weir Minerals Africa and Middle East
Weir Minerals Africa and Middle East

Weir Minerals Europe, Middle East and Africa is a global supplier of excellent minerals solutions, including pumps, valves, hydrocyclones,...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

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:0.181 0.215s - 107pq - 2rq
1:
1: United States
Subscribe Now
2: United States
2: