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Troilus Announces C$35M Bought Deal Public Offering of Units and Flow-Through Units
Troilus Announces C$35M Bought Deal Public Offering of Units and Flow-Through Units ...
About this update from Troilus Mining Corp
[{"type":"text","content":"\n \n \n \n Troilus Announces C$35M Bought Deal Public Offering of Units and Flow-Through Units\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 \n /NOT FOR DISTRIBUTION TO\n \n UNITED STATES\n \n NEWSWIRE SERVICES OR FOR DISSEMINATION IN\n \n THE UNITED STATES\n \n . NOT AN OFFER OF SECURITIES FOR SALE IN\n \n THE UNITED STATES\n \n /\n \n \n \n \n TORONTO\n \n ,\n \n June 9, 2021\n \n /CNW/ - Troilus Gold Corp. (TSX: TLG) (OTCQX: CHXMF) (\"Troilus\" or the \"Company\") is pleased to announce that it has entered into an agreement with Cormark Securities Inc., on behalf of a syndicate of underwriters (collectively, the \"Underwriters\"), pursuant to which the Underwriters have agreed to purchase, on a bought deal public offering basis 4,545,500 units of the Company (the \"Units\") at a price of\n \n C$1.10\n \n per Unit (the \"Unit Offering Price\") for gross proceeds of\n \n C$5,000,050\n \n ; 3,968,300 flow-through units of the Company (the \"Traditional Flow-Through Units\") at a price of\n \n C$1.26\n \n per Flow-Through Unit (the \"Traditional Flow-Through Unit Offering Price\") for gross proceeds of\n \n C$5,000,058\n \n ; 13,513,600 flow-through units of the Company (the \"National Flow-Through Units\") at a price of\n \n C$1.48\n \n per National Flow-Through Unit for gross proceeds of\n \n C$20,000,128\n \n ; and 2,645,600 flow-through units of the Company (the \"QC Flow-Through Units\") at a price of\n \n C$1.89\n \n per QC Flow-Through Unit for gross proceeds of\n \n C$5,000,184\n \n (the \"Offering\").\n \n \n The Units, Traditional Flow-Through Units, National Flow-Through Units and QC Flow-Through Units are collectively referred to herein as the \"Offered Units\". The aggregate gross proceeds of the Offered Units will be approximately C$35 million.\n \n \n Each Unit will consist of one common share in the capital of the Company (a \"Common Share\") and one-half of one Common Share purchase warrant (each full warrant, a \"Warrant\"). Each Traditional Flow-Through Unit wil...