BRIEF-SEMAFO announces C$75 mln bought deal financing

Mon Apr 4, 2016 5:18pm EDT
 
Email This Article |
Share This Article
  • Facebook
  • LinkedIn
  • Twitter
| Print This Article
[-] Text [+]

April 4 (Reuters) - SEMAFO Inc

* SEMAFO announces c$75 million bought deal financing

* Entered into agreement with syndicate of underwriters co-led by BMO capital markets and clarus securities inc

* SEMAFO inc says net proceeds of offering will be used for exploration expenditures at mana and natougou

* Under agreement, underwriters agreed to buy on bought deal basis 17.3 million shares at a price of $4.35 per common share Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +1-646-223-8780)