Provides Notice of Early Expiry of Warrants
Colossus Minerals Inc.announced today that it will be providing notice to all registered holders of the unexercised common share purchase warrants issued in connection with Colossus’ March 2009 public offering, of the Company’s decision to accelerate the expiry date of such Warrants from 4:00 p.m. on March 10, 2011 to 4:00 p.m. on November 27, 2009, in accordance with their terms. Each Warrant entitles the holder thereof to acquire one common share of the Company at CDN$2.70. Read more
Colossus Minerals Inc. Announces CDN$57,500,000 Bought Deal Financing
TORONTO, CANADA-
Colossus Minerals Inc. announced today that it has entered into an 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. The Underwriters have agreed to purchase, on a bought deal basis, 10,000,000 common shares of the Company, at a price of CDN$5.75 per Common Share for aggregate gross proceeds to Colossus of CDN$57,500,000 . 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
