Trevali Mining Corporation (TSX:TV,OTCQX:TREVF,LMA:TV,FWB:4TI) closed the bought-deal private placement issuing 18,171,700 common shares for aggregate gross proceeds of $10,903,020.

As quoted in the press release:

The Offering was led by Dundee Securities Ltd. and included Raymond James Ltd.

In connection with the Offering, the underwriters received a cash commission equal to 5% of the gross proceeds of the Offering. All securities issued pursuant to the Offering are subject to a hold period that will expire four months and one day from the date of closing as well as any additional hold periods required in jurisdictions where subscribers to the Offering reside.

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