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Energy Fuels Increases Previously Announced Bought Deal Offering of Units to US$13,050,000
Energy Fuels Increases Previously Announced Bought Deal Offering of Units to US$13,050,000...
About this update from Energy Fuels Inc.
[{"type":"text","content":"\n\n\n\nEnergy Fuels Increases Previously Announced Bought Deal Offering of Units to US$13,050,000\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\n\n\n\n\n\nEnergy Fuels Increases Previously Announced Bought Deal Offering of Units to US$13,050,000\nCanada NewsWire\nLAKEWOOD, CO, Sept. 15, 2016\n\n\n\n\n\n\nLAKEWOOD, CO, Sept. 15, 2016 /CNW/ - Energy Fuels Inc. (NYSE MKT:UUUU; TSX:EFR) (\"Energy Fuels\" or the \"Company\") is pleased to announce that due to increased demand, it has entered into an amended and restated underwriting agreement (as amended and restated, the \"Underwriting Agreement\") with a syndicate of underwriters led by Cantor Fitzgerald Canada Corporation and Rodman & Renshaw a unit of H.C. Wainwright & Co., LLC, acting as co-lead underwriters and joint book-running managers, to increase the size of the previously announced bought deal to US$13,050,000.  Pursuant to the Underwriting Agreement, the underwriters have agreed to buy on a bought deal, underwritten basis 7,250,000 units (the \"Units\") at a price of US$1.80 per Unit for gross proceeds of US$13,050,000 (the \"Offering\").  As previously announced, each Unit consists of one common share (each a \"Share\") and one half of one common share purchase warrant (each whole warrant, a \"Warrant\").  Each Warrant will be exercisable for five years following the closing date and will entitle the holder thereof to acquire one Share upon exercise at an exercise price of US$2.45 per Share.  The Company has applied to list the Warrants on the Toronto Stock Exchange (the \"TSX\"), though listing will be subject to the Company fulfilling all of the listing requirements of the TSX.  The Company intends to list the Warrants on the NYSE MKT within 90 days of the closing of the Offering, subject to the Company fulfilling all of the listing requirements of the NYSE MKT.  The Company has granted the underwriters an option, exercisable at the offering price at any time prior to 5:00 p.m. (Toronto time) on the day that is the 30th day following the closing date of the Offering, to ...