VANCOUVER, British Columbia--(BUSINESS WIRE)--Capstone Copper Corp. (“Capstone” or the “Company”) (TSX: CS) (ASX:CSC) and Orion Fund JV Limited, Orion Mine Finance Fund II LP and Orion Mine Finance (Master) Fund I-A LP (collectively, “Orion” or the “Selling Shareholders”) jointly announce the closing of the previously announced bought deal offering (the “Offering”) of common shares of Capstone (“Common Shares”) by a syndicate of underwriters co-led by RBC Capital Markets, National Bank Financial Inc. and Scotiabank, as joint bookrunners (collectively, the “Joint Bookrunners”), and including BMO Capital Markets, Canaccord Genuity Corp., and CIBC World Markets Inc. (collectively with the Joint Bookrunners, the “Underwriters”). Pursuant to the Offering, the Underwriters purchased, on a bought deal basis from the Company and Orion, a total of 68,448,000 Common Shares at a price of C$6.30 per Common Share (the “Offering Price”), which included the exercise in full of the Underwriters’ over-allotment option of 8,928,000 Common Shares from the Company, for aggregate gross proceeds under the Offering of C$431,222,400.
Capstone Copper and Orion Announce Closing of C$431 Million Bought Deal | Business Wire