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SilverCrest Mines Inc SVLC



NYSEAM:SVLC - Post by User

Post by Kewl2on Oct 30, 2012 9:12am
186 Views
Post# 20538296

NEWS .. Bought Deal is Closed

NEWS .. Bought Deal is Closed

SilverCrest Mines Inc. (the "Company") (TSX VENTURE:SVL)(NYSE MKT:SVLC)(NYSE Amex:SVLC) is pleased to announce the completion of its prospectus offering announced on October 5, 2012 for gross proceeds of CAD$30 million, together with exercise of the over-allotment option in full for an additional $4.5 million, resulting in total gross proceeds of $34.5 million.

The Company plans to use the net proceeds of the offering to pay out and eliminate the remainder of the Company's gold hedge commitments and for general corporate purposes.

SilverCrest Closes $34.5 Million Prospectus Offering, Over-Allotment Option Exercised in Full

https://www.marketwire.com/press-release/silvercrest-closes-345-million-prospectus-offering-over-allotment-option-exercised-full-tsx-venture-svl-1719329.htm

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