Business
Arizona Sonoran Announces Filing of Final Short Form Prospectus in Connection With C$45,000,000 Bought Deal Financing
The final short form prospectus is accessible through SEDAR+ NOT FOR DISTRIBUTION TO UNIT...
About this update from Arizona Sonoran Copper Co., Inc.
[{"type":"text","content":"Arizona Sonoran Announces Filing of Final Short Form Prospectus in Connection With C$45,000,000 Bought Deal Financing\n\n\n\n\n\n\n\n The final short form prospectus is accessible through SEDAR+\n \n\n\n\n NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES.\n \n\n\n\n\n\n Arizona Sonoran Copper Company Inc. (TSX:ASCU | OTCQX:ASCUF)\n \n (“ASCU” or the “Company”), is pleased to announce that it has filed and been receipted for a final short form prospectus (the “Prospectus”) in connection with its bought deal offering of 22,500,000 common shares in the capital of the Company (the “Common Shares”) at a price of C$2.00 per Common Share (the “Issue Price”) for gross proceeds to the Company of C$45,000,000 (the “Offering”), as further described in the press release of the Company dated\n \n\n June 2, 2025\n \n\n . Pursuant to the Offering, the Company also granted the underwriters an over-allotment option to purchase at the Issue Price up to an additional 15% of the Common Shares issued in connection with the Offering, which option is exercisable, in whole or in part, by the underwriters at any time up to and including 30 days after the closing of the Offering. The underwriters have exercised the over-allotment option in full.\n \n\n In connection with the Offering, the Company has entered into an underwriting agreement with Scotia Capital Inc., as sole bookrunner, on behalf of a syndicate of underwriters including Canaccord Genuity Corp., Paradigm Capital Inc., Raymond James Ltd., Haywood Securities Inc., RBC Dominion Securities Inc., and Stifel Nicolaus Canada Inc.\n \n\n Delivery of the Prospectus and any amendment will be satisfied in accordance with the “access equals delivery” provisions of applicable securities legislation. The Prospectus is accessible on SEDAR+ (\n \n www.sedarplus.ca\n \n ) under the Company’s issuer profile.\n \n\n An electronic or paper copy of the Prospectus and any amendment may be obtained, without charge, from Scotia Capital Inc. by email at\n \n [email protected]\n \n by providing Scotia Capital Inc. with an email address or address, as applicable. The Prospectus contains important, detailed information about the Company and the Offering...