RE:climb It would be misleading to announce a share offering after reading such a statement below. Nevertheless, I've seen companies do this and then months later announce a share offering for working capital purposes or some BS like that.
"DCM intends to finance 100 percent of the purchase price in cash through fully committed credit facilities from a Canadian Chartered Bank and Fiera Private Debt.
Included in the purchase price, DCM will acquire three sites currently owned by RRD Canada at an implied net value of approximately $30 million. Following closing of the acquisition transaction, DCM intends to enter into a sale and lease-back arrangement for each site."