Business
Amerigo Announces Financing
Amerigo Announces Financing.
About this update from Amerigo Resources Ltd
[{"type":"text","content":"\n\n\n\n\nVANCOUVER, Feb. 21 /CNW/ - Amerigo Resources Ltd. (TSX:ARG) (\"Amerigo\" or\nthe \"Company\") has today entered into an agreement with a syndicate of\nunderwriters led by Raymond James Ltd. and including MGI Securities Inc. and\nSalman Partners Inc., under which the underwriters have agreed to buy\n6,000,000 common shares from Amerigo at an issue price of $2.60 per common\nshare, representing an aggregate offering of $15,600,000. The Company will\ngrant the underwriters an option, exercisable up until 48 hours prior to the\nclosing date of the offering, to purchase up to an additional 1,000,000 common\nshares at the issue price. The Company expects to file a preliminary short\nform prospectus with the securities regulatory authorities to qualify the\ncommon shares for distribution. Closing is expected on or about March 14,\n2006. The net proceeds from the Offering will be used for general corporate\npurposes.\nThe Offering is being made in British Columbia, Alberta, Manitoba,\nOntario and Quebec, and is subject to the approval of regulatory authorities.\nThe securities offered have not been registered under the U.S. Securities Act\nof 1933, as amended, and may not be offered or sold in the United States\nabsent registration or an applicable exemption from the registration\nrequirements. This press release shall not constitute an offer to sell or the\nsolicitation of an offer to buy nor shall there be any sale of the securities\nin any State in which such offer, solicitation or sale would be unlawful.\n\nAmerigo Resources Ltd. is a Canadian copper and molybdenum producing\ncompany with operations near Santiago, Chile. Tel: (604) 681-2802; \nFax: (604) 682-2802; Web: www.amerigoresources.com; Listing: ARG:TSX\n\nThe Toronto Stock Exchange has not reviewed nor accepted responsibility\nfor the adequacy or accuracy of the contents of this news release, which has\nbeen prepared by management. Statements contained in this news release that\nare not historical facts are forward-looking statements within the meaning of\nthe Private Securities Litigation Reform Act of 1995. Such forward-looking\nstatements are subject to risks and uncertainties which could cause actual\nresults to differ materially from estimated results. Such risks and\nuncertainties are detailed in the Company's filings with the TSX and on SEDAR.\nForward-look...