Business
Midas Gold Receives Additional C$5.2 Million Pursuant to Exercise of Over-Allotment Option
/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED ...
About this update from Perpetua Resources Corp.
[{"type":"text","content":"\n\n\n\n\n\n/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR\n DISSEMINATION IN THE UNITED STATES AND NOT A SOLICITATION OR A\n PROSPECTUS FOR STOCK/\n\n\nVANCOUVER, Aug. 15, 2011 /CNW/ - Midas Gold Corp. (\"Midas Gold\" or the\n \"Corporation\") (TSX:MAX) today announced that, further to its news release dated July 14, 2011,\n the syndicate of agents led by Haywood Securities Inc. and BMO Capital\n Markets, and including Canaccord Genuity Corp. and Macquarie Capital\n Markets Canada Ltd. (the \"Agents\") has exercised its over-allotment\n option to purchase an additional 1,623,155 common shares of the\n Corporation (being that number of shares as is equal to approximately\n 13% of the number of common shares sold under the Corporation's initial\n public offering) at a price of C$3.25 per share for gross proceeds of\n C$5,275,253.75.  The over-allotment option was granted to the Agents in\n connection with Midas Gold's initial public offering of 12,307,700\n common shares completed on July 14, 2011 in order to cover\n over-allotments and for market stabilization purposes.\n\n\n\n\n\nNo US Registration or Offering\n\n\nMidas Gold's common shares have not been, and will not be, registered\n under the United States Securities Act of 1933, as amended (the \"U.S.\n Securities Act\"), or any U.S. state securities laws and may not be\n offered or sold in the United States or to U.S. Persons absent\n registration or an available exemption from the registration\n requirements of the U.S. Securities Act and applicable U.S. state\n securities laws. This press release does not constitute an offer to\n sell or the solicitation of an offer to buy, nor will there be any sale\n of these securities in any jurisdiction in which such offer,\n solicitation or sale would be unlawful prior to qualification under the\n securities laws of any such jurisdiction. Any public offering of\n securities in the United States must be made by means of a U.S.\n prospectus containing detailed information about the company and\n management, as well as financial statements.\n\n\nAbout Midas Gold and the Golden Meadows Project \n\n\nMidas Gold is focused on the exploration and, if warranted, development\n of the Golden Meadows Project in the Stibnite‐Yellow Pine district of\n central Idaho. Gold mineralization within the Gold...