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FORTUNA SILVER MINES INC. ANNOUNCES CAD$35,000,000 MILLION BOUGHT DEAL COMMON SHARE FINANCING
FORTUNA SILVER MINES INC. ANNOUNCES CAD$35,000,000 MILLION BOUGHT DEAL COMMON SHARE FINANCING
About this update from Fortuna Mining Corp.
[{"type":"text","content":"\n\n\n\n Dec. 1, 2010 (Canada NewsWire Group) -- \n\n#ReleaseContent TABLE\n{\n BORDER-COLLAPSE: collapse\n}\nTR.cnwUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 1px solid\n}\nTR.cnwDoubleUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 3px double\n}\nTR.cnwBoldUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 3px solid\n}\nTD.cnwUnderlinedCell\n{\n BORDER-BOTTOM: #000000 1px solid\n}\nTD.cnwDoubleUnderlinedCell\n{\n BORDER-BOTTOM: #000000 3px double\n}\nTD.cnwBoldUnderlinedCell\n{\n BORDER-BOTTOM: #000000 3px solid\n}\n#ReleaseContent TABLE.cnwBorderedTable TD\n{\n BORDER-RIGHT: black 1px solid;\n PADDING-RIGHT: 2px;\n BORDER-TOP: black 1px solid;\n PADDING-LEFT: 2px;\n PADDING-BOTTOM: 2px;\n BORDER-LEFT: black 1px solid;\n PADDING-TOP: 2px;\n BORDER-BOTTOM: black 1px solid;\n BORDER-COLLAPSE: collapse\n}\n#ReleaseContent TABLE TD\n{\n PADDING-RIGHT: 2px;\n PADDING-LEFT: 2px;\n PADDING-BOTTOM: 2px;\n PADDING-TOP: 2px\n}\n\n\n/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN\n THE UNITED STATES/\n\n\nVANCOUVER, Dec. 1 /CNW/ - Fortuna Silver Mines Inc. (TSX:FVI / Lima Stock Exchange:FVI or the\n "Company") is pleased to announce that it has entered into an agreement with a\n syndicate of underwriters led by Canaccord Genuity Corp. and including\n CIBC World Markets, BMO Capital Markets and Cormark Securities Inc.\n (the "Underwriters"), pursuant to which the Underwriters have agreed to\n purchase, on a bought deal basis, pursuant to a short form prospectus\n 8,750,000 common shares (the "Common Shares") of the Company at a price\n of CAD$4.00 per share for gross proceeds of CAD$35,000,000 (the\n "Underwritten Offering").  In addition, the Company will grant the\n Underwriters an over-allotment option, exercisable prior to the closing\n of the Underwritten Offering, to purchase from the Company up to an\n additional 1,312,500 Common Shares at CAD$4.00 per share to raise\n additional gross proceeds of up to CAD$5,250,000 (the "Over-Allotment\n Option", and together with the Underwritten Offering, the "Offering").\n\n\nClosing of the Offering is anticipated to occur on or before December\n 23, 2010 and is subject to certain conditions including, but not\n limited to, the completion of satisfactory due diligence by the\n Underwriter and the receipt of app...