Patriot is capitalizing on the current advantageous flow through financing conditions by executing a private placement at $14.54 per share for C$75m at a 51% premium to the Company’s last traded price on the TSX as of May 17, 2024.
How does the premium get lost in conversion to Aus$ price ?
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- Ann: Patriot Announces C$75M Flow-Through Financing
Ann: Patriot Announces C$75M Flow-Through Financing, page-8
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