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SNOWLINE ANNOUNCES $80 MILLION BOUGHT DEAL OFFERING
SNOWLINE ANNOUNCES $80 MILLION BOUGHT DEAL OFFERING Canada NewsWire /NOT FOR ...
About this update from Snowline Gold Corp.
[{"type":"text","content":"SNOWLINE ANNOUNCES $80 MILLION BOUGHT DEAL OFFERING\n\n\n\n SNOWLINE ANNOUNCES $80 MILLION BOUGHT DEAL OFFERING\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{\nPADDING-RIGHT:0.17em; PADDING-LEFT:0.17em; VERTICAL-ALIGN: TOP; TEXT-ALIGN: LEFT; BORDER-TOP:black 0pt; BORDER-RIGHT:black 0pt; BORDER-BOTTOM:black 0pt; BORDER-LEFT:black 0pt\n}\n.prnml4{\nMARGIN-TOP:0em; MARGIN-RIGHT:0em; MARGIN-BOTTOM:0em; MARGIN-LEFT:0.33em !IMPORTANT\n}\n.prnbcc{\nBORDER-COLLAPSE: COLLAPSE; BORDER-TOP:1pt black; BORDER-RIGHT:1pt black; BORDER-BOTTOM:1pt black; BORDER-LEFT:1pt black\n}\n.prntal{\nTEXT-ALIGN: LEFT\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 U.S. NEWS WIRE SERVICES OR DISSEMINATION IN\n \n THE UNITED STATES\n \n ./\n \n\n\n\n\n VANCOUVER, BC\n \n\n ,\n \n\n Aug. 14, 2025\n \n\n /CNW/ -\n \n SNOWLINE GOLD CORP.\n \n (TSXV: SGD) (OTCQB: SNWGF) (\n \n the \"Company\" or \"Snowline\"\n \n ) is pleased to announce that it has entered into an agreement with Canaccord Genuity Corp. and BMO Capital Markets 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\" basis, 8,888,900 common shares of the Company (the \"\n \n Common Shares\n \n \") at a price of\n \n $9.00\n \n per Common Share (the \"\n \n Offering Price\n \n \"), for aggregate gross proceeds of\n \n $80,000,100\n \n (the \"\n \n Offering\n \n \").\n \n\n In addition, the Company will grant the Underwriters an option to acquire up to an additional 1,333,300 Common Shares (the \"\n \n Over-Allotment Option\n \n \") at the Offering Price for additional gross proceeds of up to\n \n $11,999,700\n \n , exercisable in whole or in part, at any time on or prior to the date that is 30 days following the Closing Date (as defined herein).\n \n\n\n Scott Berdahl\n \n , CEO & Director of Snowline, comments: \"This targeted raise gives us multiple years of runway to efficiently and responsibly advance the Valley gold deposit on our Rogue Project, while co...