Fortuna reports $30 Million Bought Deal Financing

email Email  Print Print   Reproduction
Fri, Feb 5, 2010
Silver Company News
Post by Melissa Pistilli, Silver Senior Reporter

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.

Click here to access the entire press release

Click here to access Fortuna Silver Mines Corporate Site

All content Copright 2011 Dig Media Inc. Disclaimer

Please see the comment policy for information on comment moderation.
Silver Price Chart
Ag china commodities copper dollar entire press futures gold gold and silver india investing metals mexico mineral fields group mining peru precious metals precious metals prices press release price price of silver prices resources silver silver and gold Silver Company News silver demand silver exploration silver futures silver investing silver market Silver Market News Silver Market News silver market price silver mines silver mining silver news silver price silver prices silver production silver resources silver sector Silver Stocks silver value trend
Asides

Get our exclusive independent commentary on silver trends and companies delivered to your inbox. Sign up to get exclusive access to our market catalysts a week before they are published online. Learn More »

Simply fill in your name and email to make better investment decisions.

Privacy Policy - Close this banner

x
Please enter a valid email.

Information