PRU 0.73% $2.77 perseus mining limited

raising money again, page-53

  1. 64 Posts.
    from stockhouse:
    Perseus Mining Limited (the "Company or "Perseus") (TSX:PRU)(ASX:PRU) has
    today entered into an agreement with Cormark Securities Inc. on behalf of a
    syndicate of underwriters consisting of Cormark Securities Inc., Clarus
    Securities Inc., BMO Capital Markets, CIBC World Markets Inc. and Dundee
    Securities Corporation (collectively, the "Underwriters") pursuant to which
    the Underwriters have agreed to buy and sell to the public 44,000,000 ordinary
    shares of the Company at a price of CAD$1.80 per ordinary share, for gross
    proceeds to the Company of CAD$79,200,000 (the "Offering"). The Underwriters
    will also have the option, exercisable in whole or in part at any time up to
    30 days after the closing of the Offering, to purchase up to an additional
    6,600,000 ordinary shares of the Company. In the event that the option is
    exercised in its entirety, the aggregate gross proceeds of the Offering will
    be CAD$91,080,000. Closing of the Offering is expected to occur on or about
    April 29, 2010 and is subject to regulatory approval including that of the
    Toronto Stock Exchange.
 
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