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GoldMining's Subsidiary, Gold Royalty, Further Increases Size of Proposed Initial Public Offering
GoldMining's Subsidiary, Gold Royalty, Further Increases Size of Proposed Initial Public ...
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[{"type":"text","content":"\n \n \n \n GoldMining's Subsidiary, Gold Royalty, Further Increases Size of Proposed Initial Public Offering\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 \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n VANCOUVER, BC\n \n ,\n \n March 1, 2021\n \n /CNW/ - GoldMining Inc. (TSX: GOLD) (NYSE AMERICAN: GLDG) (\"\n \n GoldMining\n \n \") announced that its subsidiary, Gold Royalty Corp. (\"\n \n GRC\n \n \"), has further increased the size of its proposed initial public offering (the \"\n \n IPO\n \n \") from up to 12,000,000 units (the \"\n \n Units\n \n \") to up to 16,000,000 Units.\n \n \n GRC is offering the Units under the proposed IPO at\n \n US$5.00\n \n per Unit. Each Unit will be comprised of one common share of GRC and one-half of a warrant to purchase a common share. Each full warrant will entitle the holder thereof to acquire a common share at a price of\n \n US$7.50\n \n per share for a period of three years. GRC has applied to list its common shares and warrants on the NYSE American under the symbols \"GROY\" and \"GROY WS\", respectively.\n \n \n GRC expects to grant the underwriters a 30-day option to purchase up to 15% of each of the number of common shares and/or warrants sold under the offering to cover over-allotments, if any.\n \n \n H.C. Wainwright & Co., LLC and BMO Capital Markets are acting as the book running managers and co-lead underwriters of a syndicate that includes CIBC Capital Markets, Haywood Securities, Raymond James Ltd., Roth Capital Partners, Scotiabank, Sprott Capital Partners L.P. and TD Securities Inc.\n \n \n \n A registration statement, including a prospectus, which is preliminary and subject to completion, relating to the proposed IPO has been filed with the U.S. Securities and Exchange Commission (the \"SEC\") on Form F-1 (File No. 333-\n \n 252036\n \n \n \n ) but has not yet become effective. A third amended and restated preliminary prospectus has been filed with the securities commissions or similar securities regulatory authorities in each of the provinces and territories of\n \n Canada\n \n , other than\n \n Quebec\n...