RockBreaks – New Pacific Metals Corp. (TSX: NUAG) (NYSE American: NEWP) Announces C$35.1 Million Bought Deal Financing
This article has been disseminated on behalf of New Pacific Metals and may include paid advertising. New Pacific Metals (TSX: NUAG) (NYSE American: NEWP) announced it has entered into an agreement with a syndicate of underwriters for a bought deal offering of 9.9 million common shares at C$3.55 per share, generating gross proceeds of approximately C$35.1 million (US$25.1 million). The Company has granted the underwriters a 30-day over-allotment option to purchase up to 1.485 million additional shares. Silvercorp Metals Inc. (NYSE American: SVM; TSX: SVM) intends to participate by subscribing to 2,776,950 shares for roughly C$9.86 million (US$7.05 million), which would…