Business
Lucara Diamond Announces Closing of C$41.4 Million Financing
Lucara Diamond Announces Closing of C$41.4 Million Financing Canada NewsWire ...
About this update from Lucara Diamond Corp.
[{"type":"text","content":"\n \n \n \n Lucara Diamond Announces Closing of C$41.4 Million 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.prntac{\nTEXT-ALIGN: CENTER\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n /NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN\n \n THE UNITED STATES\n \n ./\n \n \n \n VANCOUVER, BC\n \n ,\n \n July 15, 2021\n \n /CNW/ - (TSX: LUC) (BSE: LUC) (Nasdaq Stockholm: LUC)\n \n \n Lucara Diamond Corp. (\"Lucara\" or the \"Company\") is pleased to announce that it has closed its previously announced bought deal financing (the \"Offering\") as well as the previously announced concurrent private placement (the \"Concurrent Private Placement\" and together with the Offering, the \"Financing\") for aggregate gross proceeds of approximately\n \n C$41.4 million\n \n .\n \n Please view PDF version\n \n .\n \n \n Pursuant to the Offering, a total of 33,810,000 common shares of the Company (\"Common Shares\"), including 4,410,000 Common Shares issued pursuant to the over-allotment option, which was exercised in full, were sold at a price of\n \n C$0.75\n \n per Common Share, for aggregate gross proceeds of approximately\n \n C$25\n \n .4 million. The Common Shares issued pursuant to the Offering were offered by way of a short form prospectus (the \"Prospectus\") filed in\n \n British Columbia\n \n ,\n \n Alberta\n \n ,\n \n Manitoba\n \n ,\n \n Ontario\n \n and\n \n Quebec\n \n . The Offering was conducted through a syndicate of underwriters comprised of BMO Capital Markets and Scotia Capital Inc.\n \n \n Pursuant to the Concurrent Private Placement, a total of 21,347,733 Common Shares were sold at a price of\n \n C$0.75\n \n per share for additional aggregate gross proceeds of approximately\n \n C$16 million\n \n , which included an investment by Nemesia S.à.r.l. No commission or other fee was paid to the underwriters in connection with the sale of Common Shares pursuant to the Concurrent Private Placement. The Common Shares issued pursuant to the Concurrent Private Placement are subject to a statutory hold period in\n \n Canada\n \n e...