Business
FORTUNA SILVER MINES INC. ANNOUNCES CLOSING OF CAD$46,000,000 MILLION BOUGHT DEAL COMMON SHARE FINANCING
Dec. 23, 2010 (Canada NewsWire Group) -- /NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR ...
About this update from Fortuna Mining Corp.
[{"type":"text","content":"\n\n\n\n Dec. 23, 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. 23 /CNW/ - Fortuna Silver Mines Inc. (TSX:FVI / Lima Stock Exchange:FVI or the\n "Company") is pleased to announce that it has closed the bought deal equity\n financing announced December 1, 2010 (the "Offering").  The Company has\n issued 11,500,000 common shares at a price of CAD$4.00 per common share\n for gross proceeds of CAD$46,000,000. \n\n\nThe Offering was led by Canaccord Genuity Corp. and included CIBC World\n Markets, BMO Capital Markets and Cormark Securities Inc. (the\n "Underwriters").  In connection with the Offering the Underwriters\n received a cash commission equal to 5% of the gross proceeds raised\n through the Offering.\n\n\nThe proceeds of the Offering will be used to fund development work at\n the San Jose Project following commencement of production, exploration\n programs in Mexico and Peru, and for working capital. \n\n\nThe Toronto Stock Exchange has not reviewed and does not take\n responsibility for the accuracy of this release.\n\n\nThis news release does not constitute an offer to sell or a solicitation\n of an offer to sell any of the securities in the United States. The\n securities have not been and will not be registered under the United\n States Securities Act of 1933, as amended (the "U.S Securities Act")...