Bear Creek Mining raises $30 million for Peru silver – Resource World Magazine
Share this article Bear Creek Mining Corp. [BCM-TSXV, Lima] said Wednesday January 6 that it is raising $30 million from a bought deal offering of 10 million common shares, priced at $3 each. Proceeds are destined for the company’s Corani silver project in Peru. The company said it has granted the underwriting syndicate led by Stifel GMP an overallotment option to purchase an additional 1.5 million shares at the offering price, potentially raising the gross proceeds of the offering to $34.5 million. That option is exercisable for 30 days after the closing of the offering. Bear Creek is Pe...