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Uranium One Completes C$260 Million Bought Deal Financing of Convertible Unsecured Subordinated Debentures
Uranium One Completes C$260 Million Bought Deal Financing of Convertible Unsecured Subordinated D...
About this update from Uranium One Mining Corp.
[{"type":"text","content":"\n\n\n\nVANCOUVER, British Columbia and JOHANNESBURG, South Africa, Mar. 12, 2010 (Canada NewsWire Group) -- /CNW/ -- Uranium One Inc. announced that it had closed today a bought deal offering of convertible unsecured subordinated debentures (the \"Debentures\") of the Company due March 13, 2015, for aggregate gross proceeds of C$260,000,000, including C$10,000,000 taken up under an underwriters' over-allotment option. The underwriting syndicate for the offering was led by GMP Securities L.P. and included Canaccord Financial Ltd., BMO Capital Markets, CIBC World Markets Inc., RBC Capital Markets and Paradigm Capital Inc. The Debentures will commence trading on the Toronto Stock Exchange today under the symbol UUU.DB.A.About Uranium OneUranium One is one of the world's largest publicly traded uranium producers, with a globally diversified portfolio of assets located in Kazakhstan, the United States, South Africa and Australia.Cautionary StatementNo stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.The securities described herein have not been and will not be registered under the United States Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements.Forward-looking statements: This press release contains certain forward-looking statements. Forward-looking statements include but are not limited to those with respect to the price of uranium, the estimation of mineral resources and reserves, the realization of mineral reserve estimates, the timing and amount of estimated future production, costs of production, capital expenditures, costs and timing of the development of new deposits, success of exploration activities, permitting time lines, currency fluctuations, requirements for additional capital, government regulation of mining operations, environmental risks, unanticipated reclamation expenses, title disputes or claims and limitations on insurance coverage and the timing and possible outcome of pending litigation. In certain cases, forward-looking statements can be identified by the use of words such as \"plans\", \"expects\" or \"does not expect\", \"is expected\", \"budget\", \"scheduled\", \"estimates\", \"forecasts\", \"intends\", \"anticipa...