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GR Silver Mining Announces $8 Million Bought Deal Financing
GR Silver Mining Announces $8 Million Bought Deal Financing Canada NewsWire ...
About this update from Gr Silver Mining Ltd.
[{"type":"text","content":"\n \n \n \n GR Silver Mining Announces $8 Million Bought Deal Financing\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.prngen2{\nBORDER-TOP:black 0pt; BORDER-RIGHT:black 0pt; VERTICAL-ALIGN: TOP; BORDER-BOTTOM:black 0pt; TEXT-ALIGN: LEFT; PADDING-LEFT:0.50em; BORDER-LEFT:black 0pt; PADDING-RIGHT:0.50em\n}\n.prntac{\nTEXT-ALIGN: CENTER\n}\n.prnbcc{\nBORDER-TOP:0pt solid; BORDER-RIGHT:0pt solid; BORDER-COLLAPSE: COLLAPSE; BORDER-BOTTOM:0pt solid; BORDER-LEFT:0pt solid\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n /NOT FOR DISTRIBUTION TO\n \n UNITED STATES\n \n NEWSWIRE SERVICES OR FOR DISSEMINATION IN\n \n THE UNITED STATES\n \n /\n \n \n \n VANCOUVER, BC\n \n ,\n \n April 7, 2021\n \n /CNW/ -\n \n GR Silver Mining Ltd.\n \n (TSXV: GRSL) (FRANKFURT: GPE) (OTCQB: GRSLF)\n \n (\"GR Silver Mining\" or the \"Company\")\n \n – announces that it has entered into an agreement with Beacon Securities Limited (the \"\n \n Lead\n \n \n Underwriter\n \n \"), as lead underwriter and sole bookrunner on behalf of a syndicate of underwriters (collectively, the \"\n \n Underwriters\n \n \"), pursuant to which the Underwriters have agreed to purchase, on a \"bought deal\" private placement basis, 13,600,000 units (\"\n \n Units\n \n \") at a price of\n \n $0.59\n \n per Unit (the \"\n \n Issue Price\n \n \") for aggregate gross proceeds to the Company of\n \n $8,024,000\n \n (the \"\n \n Offering\n \n \").  Each Unit will consist of one common share in the capital of the Company and one-half of one common share purchase warrant (each whole warrant, a \"\n \n Warrant\n \n \").  Each Warrant will be exercisable to acquire one common share for a period of 24 months following closing of the Offering at an exercise price of\n \n $0.74\n \n per share.\n \n \n The Warrants may be accelerated by the Company, at its sole option, at any time after the closing date of the Offering provided that the volume-weighted average closing price of the common shares of the Company on the TSX Venture Exchange is greater than or equal to\n \n $1.30\n \n for a period of 60 consecutive trading d...