BRIEF-Energy Fuels reports $10.0 million bought deal offering of units

Wed Sep 14, 2016 5:11pm EDT
Email This Article |
Share This Article
  • Facebook
  • LinkedIn
  • Twitter
| Print This Article
[-] Text [+]

Sept 14 (Reuters) - Energy Fuels Inc :

* Energy Fuels reports US$10.0 million bought deal offering of units

* Has entered into an underwriting agreement

* Energy Fuels Inc says underwriters have agreed to buy 5.6 million units at a price of US$1.80 per unit

* Each warrant will be exercisable for 5 years, entitle holder to acquire one share upon exercise at exercise price of $2.45 per share

* Company intends to use net proceeds of offering to continue to finance previously announced shaft sinking Source text for Eikon: Further company coverage: