By Devika Patel
Knoxville, Tenn., June 19 - Osisko Mining Corp. said it plans to conduct a C$10.64 million non-brokered private placement of stock.
The company will sell 1,216,000 flow-through common shares at C$8.75 apiece.
Settlement is expected June 30.
Proceeds will be used for exploration.
Osisko, based in Montreal, is a gold exploration and production company.
| Issuer: | Osisko Mining Corp.
|
| Issue: | Flow-through common shares
|
| Amount: | C$10.64 million
|
| Shares: | 1,216,000
|
| Price: | C$8.75
|
| Warrants: | No
|
| Agent: | Non-brokered
|
| Pricing date: | June 19
|
| Settlement date: | June 30
|
| Stock symbol: | Toronto: OSK
|
| Stock price: | C$7.02 at close June 18
|
| Market capitalization: | C$1.82 billion
|
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