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Radisson Announces $20 Million Bought Deal Financing
Radisson Announces $20 Million Bought Deal Financing Canada NewsWire www.ra...
About this update from Radisson Mining Resources Inc.
[{"type":"text","content":"\n\n\n\n Radisson Announces $20 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.prntar{\nTEXT-ALIGN: RIGHT\n}\n.prntac{\nTEXT-ALIGN: CENTER\n}\n \n\n\n\n\n\n Canada NewsWire\n \n\n\n\n\n\n www.radissonmining.com\n \n\n\n\n TSX-V: RDS, OTCQX: RMRDF,\n \n FRANKFURT\n \n : 2RX\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\n\n ROUYN-NORANDA, QC\n \n\n ,\n \n\n Sept. 25, 2025\n \n\n /CNW/ -\n \n Radisson Mining Resources Inc.\n \n (TSXV: RDS) (OTCQX: RMRDF) (\"\n \n\n Radisson\n \n\n \" or the \"\n \n Company\n \n \") is pleased to announce that it has entered into an agreement with Cormark Securities Inc. to act as lead underwriter and sole bookrunner on behalf of a syndicate of underwriters (collectively, the \"\n \n Underwriters\n \n \") in connection with a \"bought deal\" private placement of 33,333,500 Class A common shares of the Company (each, an \"\n \n Offered Share\n \n \") at a price of\n \n $0.60\n \n per Offered Share, for gross proceeds of\n \n $20,000,100\n \n (the \"\n \n Offering\n \n \").\n \n\n In addition, the Company will grant the Underwriters an option (the \"\n \n Option\n \n \") to increase the size of the Offering by up to an additional\n \n $3,000,015\n \n , on the same terms and conditions as the Offering, by giving written notice of the exercise of the Option, or a part thereof, to the Company at any time up to 48 hours prior to Closing Date (as defined below).\n \n\n The Company will use the net proceeds from the Offered Shares for ongoing exploration and advancement of the O'Brien gold project and for general corporate purposes.\n \n\n The Offering is expected to close on or about\n \n October 7, 2025\n \n (the \"\n \n Closing Date\n \n \"), or such other date as the Company and the Underwriters may agree and is subject to certain conditions including, but not limited to, the receipt of all necessary regulatory and other approvals including the conditional approval of the TSX Venture Exchange.\n \n\n Subject to compliance w...