BRIEF-Polymet announces US$10 million private placement

Tue Sep 20, 2016 4:54pm EDT
 
Email This Article |
Share This Article
  • Facebook
  • LinkedIn
  • Twitter
| Print This Article
[-] Text [+]

Sept 20 (Reuters) - Polymet Mining Corp

* Private placement shall be of 13.3 million units at a price of us$0.75 per unit

* Polymet announces US$10 million private placement

* Co intends to use net proceeds primarily to advance its northmet project, for working capital, general corporate purposes

* Underwriter for offering has agreed to purchase 10 million units for US$7.5 million on a bought deal basis Source text for Eikon: Further company coverage: