GREY:RNKLF - Post by User
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Happypappyon Dec 17, 2018 10:41am
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Haywood and a "SYNDICATE", of underwriters
Haywood and a "SYNDICATE", of underwriters agreed to purchase 13.044 million shares of RNC at a price of $0.46 per share. The gross proceeds will reach slightly more than $6 million. The underwriters also agreed to buy in a private placement basis, 6.52 million shares also at a price of $0.46 per share. The gross proceeds will reach just under $3 million. BIG PICTURE: RNC Minerals keen to build on this century's greatest gold discovery The company agreed to grant the underwriters an over-allotment option to increase the size of the offering and the private placement by up to an additional 15