BRIEF-Dundee Precious Metals announces C$50 million bought deal financing

Mon Jun 20, 2016 3:49pm EDT
 
Email This Article |
Share This Article
  • Facebook
  • LinkedIn
  • Twitter
| Print This Article
[-] Text [+]

June 20 (Reuters) - Dundee Precious Metals Inc :

* Investment dealers, agreed to purchase, on a bought deal basis, 15.8 million common shares at a price of C$3.00 per share

* Intends undertaking a non-brokered private placement of 840,000 shares of company at a price of C$3.00 per shar

* Plans to use net proceeds from offering, non-brokered private placement to reduce drawdowns under revolver credit facility

* DPM announces C$50 million bought deal financing Source text for Eikon: Further company coverage: