Bullboard - Stock Discussion Forum Dalradian Resources, Inc. DRLDF

Metals & Mining Gold

"Dalradian Resources Inc is a gold development and exploration company. The company is based in Canada, but it is primarily involved in the acquisition, exploration, and evaluation of mineral properties in Northern Ireland. One of the company's main assets is the Curraghinalt Gold Deposit located in Northern Ireland."

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Dalradian Resources, Inc. > Dalradian Resources Inc. Announces C$35 Million Bought Deal

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Post by 1option1 on Sep 15, 2015 10:10am

Dalradian Resources Inc. Announces C$35 Million Bought Deal

Dalradian Resources Inc. Announces C$35 Million Bought Deal Financing

TORONTO, ONTARIO--(Marketwired - Sept. 15, 2015) - Dalradian Resources Inc. (TSX:DNA)(AIM:DALR) ("Dalradian" or the "Company") is pleased to announce that it has entered into an agreement with a syndicate of investment dealers led by Cormark Securities Inc. and including Dundee Securities Ltd., BMO Capital Markets, Canaccord Genuity Corp., RBC Capital Markets, Beacon Securities Limited, Clarus Securities Inc., Euro Pacific Canada, Inc. and Global Maxfin Capital Inc. (the "Underwriters"),…Read More

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Comment by FastFF on Sep 15, 2015 11:44am

full warrant = very weak deal. Plus, huge % dillution. This is dead money for at least 6 months and will lag the field as all the flippers who just got a free full warrant sell to the bag holders here.

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Comment by andrewsuds on Sep 16, 2015 11:39am

I'm not so disappointed. This financing takes us all the way to a feasibility study. Full warrants will put a lid on the stock.. but anyone investing in these market should be planning for longer than 6 months in any case. Extercised warrants alone will be able to finance significant exploration of the trend.

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Dalradian Resources, Inc.