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Artemis Closes Bought Deal Component of $171 Million Equity Financing, Including Full Exercise of Over-Allotment Option
Artemis Closes Bought Deal Component of $171 Million Equity Financing, Including Full Exe...
About this update from Artemis Gold Inc
[{"type":"text","content":"\n \n \n \n Artemis Closes Bought Deal Component of $171 Million Equity Financing, Including Full Exercise of Over-Allotment Option\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.prntac{\nTEXT-ALIGN: CENTER\n}\n.prntar{\nTEXT-ALIGN: RIGHT\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n \n /NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN\n \n THE UNITED STATES\n \n /\n \n \n \n \n \n Trading Symbol: TSX-V: ARTG\n \n \n \n \n All amounts are in Canadian Dollars unless otherwise noted\n \n \n \n \n VANCOUVER, BC\n \n ,\n \n May 19, 2021\n \n /CNW/ - Artemis Gold Inc. (TSXV: ARTG) (\"\n \n Artemis\n \n \" or the \"\n \n Company\n \n \") is pleased to announce that it has closed the bought deal offering component of its previously announced equity financing of up to\n \n $171 million\n \n , via the issuance of 18,853,100 common shares (the \"\n \n Common Shares\n \n \"), at a price of\n \n $6\n \n .10 per Common Share (the \"\n \n Offering Price\n \n \") for aggregate gross proceeds of\n \n $115,003,910\n \n , which includes the exercise of the full amount of the over-allotment option of 2,459,100 Common Shares (the \"\n \n Bought Deal Offering\n \n \").\n \n \n \n \n \n \n \n \n \n National Bank Financial and BMO Capital Markets were the co-lead underwriters of the Bought Deal Offering in a syndicate that included Canaccord Genuity Corp, PI Financial Corp., Cormark Securities Inc., Haywood Securities Inc., Stifel GMP and Paradigm Capital Inc.\n \n \n The Common Shares issuable under the Bought Deal Offering were offered pursuant to a prospectus supplement dated\n \n May 12, 2021\n \n (the \"\n \n Supplement\n \n \") to the Company's base shelf prospectus dated\n \n January 12, 2021\n \n . The terms of the Bought Deal Offering were described in the Supplement which was filed with the securities regulators in each of the provinces and territories of\n \n Canada\n \n . The Bought Deal Offering was conducted in each of the provinces and territories of\n \n Canada\n \n , other than\n \n Quebec\n \n , pursuant to the Supplement, and in\n \n the...