| Wesdome Announces C$15 Million Bought Deal Financing | |
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Toronto, Ontario - April 11, 2016 - Wesdome Gold Mines Ltd. is pleased to announce it has entered into an agreement with a syndicate of underwriters co-led by National Bank Financial Inc. and Mackie Research Capital Corporation, and including Dundee Capital Markets and Clarus Securities under which the Underwriters have agreed to buy, on a bought deal basis, 9,100,000 common shares at a price of C$1.65 per Common Share for aggregate gross proceeds of approximately C$15 million.
View: Wesdome Announces C$15 Million Bought Deal Financing
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Wesdome Gold Mines Ltd.
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PRODUCER |
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CODE : WDO.TO |
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ISIN : CA95083R1001 |
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Wesdome is a gold producing company based in Canada. Wesdome holds various exploration projects in Canada. Its main assets in production are EAGLE RIVER and KIENA in Canada, its main asset in development is MISHI in Canada and its main exploration properties are DUBUISSON DISCOVERY, WESDOME PROJECT, MAGNACON, SHAWKEY and EDWARDS MINE - WESTERN QUEBEC MINES in Canada. Wesdome is listed in Canada and in United States of America. Its market capitalisation is CA$ 1.5 billions as of today (US$ 1.1 billions, € 1.0 billions). Its stock quote reached its lowest recent point on July 19, 2013 at CA$ 0.32, and its highest recent level on November 13, 2024 at CA$ 11.18. Wesdome has 132 550 000 shares outstanding. |