Fortuna Silver Mines Inc. (TSX:FVI)(BVLAC:FVI) reports that the company has entered into a bought deal financing with a syndicate of underwriters co-led by CIBC and Canaccord Financial Ltd.
The press release is quoted as saying:
The Company intends to issue 13,050,000 common shares at a price of $2.30 per common share (“Offering Price”) for gross proceeds to Fortuna of approximately $30 million (the “Offering”). The Offering is expected to close on or about March 2, 1010 and is subject to regulatory approval.
