Press release content from Globe Newswire. The AP news staff was not involved in its creation.
Aya Gold & Silver Signs Binding Agreement to Acquire Algold Resources
Aya Gold & Silver Inc.February 19, 2021 GMT
Mont-Royal, Feb. 19, 2021 (GLOBE NEWSWIRE) Montreal, Quebec, February 19, 2021 - Aya Gold & Silver Inc. (TSX: AYA) (“Aya” or the “Corporation”) is pleased to announce that, in the context of the Proposal made by Algold Resources Ltd. (“Algold”), it has entered into a binding term sheet (the “Investment Agreement”) with Algold pursuant to which Aya would fund Algold’s Proposal to its creditors (“the Proposal”) and at closing, would become the sole shareholder of Algold (the “Transaction”).
(MENAFN - GlobeNewsWire - Nasdaq) Mont-Royal, Feb. 19, 2021 (GLOBE NEWSWIRE) Montreal, Quebec, February 19, 2021 - Aya Gold & Silver Inc. (TSX: AYA) ( Aya or the Corporation ) is pleased to announce that, in the context of the Proposal made by Algold Resources Ltd. ( Algold ), it has entered into a binding term sheet (the Investment Agreement ) with Algold pursuant to which Aya would fund Algold s Proposal to its creditors ( the Proposal ) and at closing, would become the sole shareholder of Algold (the Transaction ).
Under the terms of the Investment Agreement, Aya will provide Algold with C$100,000 in cash and C$2,500,000 in Aya shares to fund Algold s Proposal. Aya will also provide C$2,400,000 in Aya shares to be distributed to Algold current shareholders with a view to become Algold s sole shareholder.
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Millennial Lithium Corp.: Millennial Announces Closing of $ 34,500,000 Bought Deal Public Offering
Millennial or the
Company ) is pleased to announce that it has closed its previously announced bought deal financing of 8,625,000 units (the
Units ) at a price of C$4.00 per Unit (the
Offering Price ) for aggregate gross proceeds to Millennial of C$34,500,000 (the
Offering ). The Offering was conducted by a syndicate of underwriters co-led by Cantor Fitzgerald Canada Corporation and Sprott Capital Partners LP as joint bookrunners, and including Mackie Research Capital Corporation (collectively, the
Underwriters ). The Offering included 1,125,000 Units sold pursuant to the full exercise of the Underwriters over-allotment option.
Press release content from Accesswire. The AP news staff was not involved in its creation.
Silver Tiger Announces C$20 Million Bought Deal Financing
February 8, 2021 GMT
Not for distribution to United States newswire services or for dissemination in the United States
HALIFAX, NS / ACCESSWIRE / February 8, 2021 / Silver Tiger Metals Inc. (TSXV:SLVR) (“Silver Tiger” or the “Corporation”) is pleased to announce that it has entered into an agreement with Sprott Capital Partners LP (“Sprott”) as lead underwriter and sole bookrunner, along with Echelon Wealth Partners Inc. and Stifel GMP as co-lead underwriters (collectively, the “Underwriters”), pursuant to which the Underwriters have agreed to purchase, on a bought deal basis, 33,333,334 common shares of the Company (the “Shares”) at a price of C$0.60 per Share for gross proceeds to the Company of approximately C$20 million (the “Offering”).