VANCOUVER, BC , Nov. 9, 2020 /CNW/ - Copper Mountain Mining Corporation (TSX: CMMC) (ASX: C6C) (” Copper Mountain ” or the ” Company “) announces it has entered into an agreement with Industrial Alliance Securities Inc. (” IAS “), pursuant to which IAS as lead underwriter on behalf of a syndicate to be formed (the ” Underwriters “) has agreed to buy, on a bought deal basis, 13,043,480 common shares of the Company (” Common Shares “) at a price of C$1.15 per Common Share (the ” Offering “), representing aggregate gross proceeds to Copper Mountain of C$15,000,002 .
The net proceeds of the Offering will be used for regional exploration on the Company’s prospective land package in Australia , advancing the development of the Eva Copper Project and general corporate purposes.
https://www.cumtn.com/investors/press-releases/2020/copper-mountain-announces-c-15-million-bought-deal-1860/
Ann: Copper Mountain Mining Announces Director Resignation, page-5
Add to My Watchlist
What is My Watchlist?