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Radisson Announces Increase in Aggregate Size of Bought Deal Financing to $25 Million
Radisson Announces Increase in Aggregate Size of Bought Deal Financing to $25 Million C...
About this update from Radisson Mining Resources Inc.
[{"type":"text","content":"\n\n\n\n Radisson Announces Increase in Aggregate Size of Bought Deal Financing to $25 Million\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 /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 TSX-V: RDS, OTCQX: RMRDF,\n \n FRANKFURT\n \n : 2RX\n \n\n\n\n\n ROUYN-NORANDA, QC\n \n\n ,\n \n\n Sept. 26, 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 in connection with its previously announced \"bought deal\" private placement, the Company and Cormark Securities Inc. on behalf of a syndicate of underwriters (collectively, the \"\n \n Underwriters\n \n \"), have agreed to increase the size of the private placement to aggregate gross proceeds of approximately\n \n $25 million\n \n (the \"\n \n Offering\n \n \").\n \n\n The Offering will consist of the issuance and sale of 41,667,000 Class A common shares of the Company (the \"\n \n Offered Shares\n \n \") at a price of\n \n $0.60\n \n per Share, for gross proceeds of\n \n $25,000,200\n \n .\n \n\n In connection with the increase in aggregate size of the Offering, the Underwriters have agreed to forego their option to further increase the size of the Offering, which was originally granted to them by the Company.\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 with applicable regulatory requirements a...