OTCPK:MEAOD - Post by User
Post by
u2bobon Sep 09, 2016 11:08am
315 Views
Post# 25221880
Wow...Now that's how you do it...
Wow...Now that's how you do it... ....MM building up the war chest at OSK they just fininshed raising 25 million not to long ago not bad for a non producer ...stock up a dollar ... in the last week or so...wonder if something is in the works this month in the Barry area ...cash and share price up ...and gold
1,737.50
+11.03 wonder if MTO should just become an exploration comany like these guys... just gives you a little insight too how markets value shares...nice market cap for an exploration company and good for them...lol...believe what you want but average retail shareholder gets frustrated sells ...when listening to the likes of FRUIT and the bash crew ...so do your own DD and decide if 9 cents is a good deal for your shares ... and good luck with whatever you decide have a great weekend....
Recent Trades - Last 10 of 374 | 10:21:19 | T | 3.00 | 0.02 | 600 | 27 Dundee | 79 CIBC | |
| 10:21:19 | T | 3.00 | 0.02 | 100 | 27 Dundee | 1 Anonymous | |
| 10:21:19 | T | 3.00 | 0.02 | 200 | 27 Dundee | 53 Morgan Stanley | |
| 10:20:50 | T | 3.00 | 0.02 | 300 | 27 Dundee | 7 TD Sec | |
| 10:20:50 | T | 3.00 | 0.02 | 4,100 | 27 Dundee | 79 CIBC |
Osisko Mining arranges $27.5-million bought deal
2016-09-09 09:44 ET - News Release
Mr. John Burzynski reports
OSISKO MINING INC. ANNOUNCES C$27.5 MILLION BOUGHT DEAL FINANCING
Osisko Mining Inc. has entered into an agreement with a syndicate of underwriters led by BMO Capital Markets, under which the underwriters have agreed to buy, on a bought deal basis, by way of private placement, 10 million common shares of the corporation, at a price of $2.75 per common share for gross proceeds of $27.5-million. In addition, the corporation has also granted the underwriters an option, exercisable up to 48 hours prior to the closing of the offering, to purchase up to an additional 15 per cent of the number of common shares purchased pursuant to the offering.
The corporation intends to use the net proceeds of the offering to continue exploration and development of the Windfall Lake gold project and for general corporate purposes.
The offering is expected to close on or about Sept. 27, 2016, and is subject to Osisko receiving all necessary regulatory approvals, including the approval of the Toronto Stock Exchange.