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ALLIED GOLD ANNOUNCES C$80 MILLION BOUGHT DEAL PUBLIC OFFERING AND CONCURRENT BLOCK TRADE TRANSACTION
ALLIED GOLD ANNOUNCES C$80 MILLION BOUGHT DEAL PUBLIC OFFERING AND CONCURRENT BLOCK TRADE TRANSAC...
About this update from Allied Gold Corporation
[{"type":"text","content":"\n\n\n\n ALLIED GOLD ANNOUNCES C$80 MILLION BOUGHT DEAL PUBLIC OFFERING AND CONCURRENT BLOCK TRADE TRANSACTION\n \n\n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prntal{\nTEXT-ALIGN: LEFT\n}\n \n\n\n\n\n\n Canada NewsWire\n \n\n\n\n\n\n /NOT FOR ‎DISTRIBUTION TO\n \n UNITED STATES\n \n NEWSWIRE SERVICES OR FOR THE ‎DISSEMINATION, DISTRIBUTION, ‎RELEASE OR PUBLICATION, DIRECTLY OR INDIRECTLY, IN OR INTO\n \n THE UNITED STATES\n \n /\n \n\n\n\n\n The Base Shelf Prospectus is accessible, and the Prospectus Supplement will be accessible within two business days through SEDAR+\n \n\n\n\n\n TORONTO\n \n\n ,\n \n\n April 16, 2025\n \n\n /CNW/ - Allied Gold Corporation (TSX: AAUC) (OTCQX: AAUCF)\n \n (\"Allied\n \n \" or the \"\n \n Company\n \n \") is pleased to announce that it has entered into an agreement with Canaccord Genuity Corp. and National Bank Financial Inc., as co-lead underwriters and co-lead bookrunners on behalf of a syndicate of underwriters (collectively, the \"\n \n Underwriters\n \n \"), pursuant to which the Underwriters have agreed to purchase, on a bought deal basis, an aggregate of 15,000,000 common shares of the Company (the \"\n \n Shares\n \n \") at a price of\n \n C$5.35\n \n per Share (the \"\n \n Offering Price\n \n \") for aggregate gross proceeds to the Company of approximately\n \n C$80 million\n \n (the \"\n \n Offering\n \n \").\n \n\n The Company is also pleased to announced that, in an effort to further broaden the distribution of Allied's common shares, without significantly impacting the market price of the shares, and to increase the trading liquidity in the shares of the Company, a significant shareholder of the Company (the \"\n \n Selling Shareholder\n \n \"), owning over 10% of the outstanding shares of the Company, will enter into a selling agreement with the co-lead underwriters to sell an aggregate of 15,000,000 common shares of the Company at the Offering Price, on a block trade, prospectus-exempt basis, for total gross proceeds to the Selling Shareholder of approximately\n \n C$80 million\n \n (the \"\n \n Con...