"...NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES
TORONTO, Nov. 20, 2024 (GLOBE NEWSWIRE) -- Minera Alamos Inc. (TSXV: MAI; OTCQX: MAIFF) (“Minera Alamos” or the “Company”) is pleased to announce that it has entered into an agreement with National Bank Financial Inc. (“NBF”) as lead underwriter and bookrunner, and on behalf of a syndicate of underwriters (collectively, the “Underwriters”), pursuant to which the Underwriters will purchase 28,333,000 common shares (the “Shares”) of the Company at a price of C$0.30 (the “Offering Price”) per Common Share, on a “bought deal” private placement basis, with a right to arrange for substituted purchasers, pursuant to the listed issuer financing exemption (“LIFE”), for aggregate gross proceeds to the Company of approximately C$8.5 million (the “Offering”). The Company has also granted NBF an option exercisable at any time up to 48 hours prior to the closing of the Offering, to purchase for placement up to an additional 5,000,000 Shares at the Offering Price, for additional gross proceeds of up to C$1.5 million...."
https://www.globenewswire.com/news-release/2024/11/20/2984303/0/en/Minera-Alamos-Announces-C-8-5-Million-Bought-Deal-Private-Placement-of-Common-Shares.html
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