Colossus Minerals Inc. Announces Filing of Preliminary Prospectus
TORONTO, ONTARIO-Colossus Minerals Inc. announced today that it has filed a preliminary short form prospectus in respect of the previously announced bought deal offering . The Company entered into an underwriting agreement with a syndicate of underwriters led by Macquarie Capital Markets Canada Ltd. and including Thomas Weisel Partners Canada Inc., Canaccord Capital Corporation, and GMP Securities L.P. , with PowerOne Capital Markets Limited to act as a selling group member. Pursuant to the underwriting agreement, the Underwriters have agreed to purchase 11,000,000 common shares of the Company at a price of CDN$5.75 per Common Share for gross proceeds of CDN$63,250,000. Read more
UPDATE: Progress Energy Resources Announces $200 Million Public Offering of Convertible Debentures
CALGARY, ALBERTA-
Progress Energy Resources Corp. today announced that it has entered into an agreement with a syndicate of underwriters led by BMO Capital Markets and including Scotia Capital Inc., CIBC World Markets Inc., Cormark Securities Inc., FirstEnergy Capital Corp., Peters & Co. Limited, RBC Capital Markets, Canaccord Capital Corporation, National Bank Financial Inc., Macquarie Capital Markets Canada Ltd., GMP Securities L.P. and Raymond James Ltd., pursuant to which the underwriters will purchase $200 million principal amount of convertible unsecured subordinated debentures at a price of $1,000 per debenture. Read more
Colossus Minerals Inc. Announces Increase to Bought Deal Financing
TORONTO, ONTARIO-
Colossus Minerals Inc. is pleased to announce that, due to the positive response the Company has received, the common share offering announced earlier today with a syndicate of underwriters led by Macquarie Capital Markets Canada Ltd. and including Thomas Weisel Partners Canada Inc., Canaccord Capital Corporation, and GMP Securities L.P., with PowerOne Capital Markets Limited to act as a selling group member, has been increased by an additional 1,000,000 common shares. The Underwriters will now purchase 11,000,000 common shares of the Company at a price of CDN$5.75 per Common Share for gross proceeds of CDN$63,250,000. Read more
