By Sheri Kasprzak
New York, April 27 - Aurelian Resources Inc. has closed a C$20,000,002 private placement, including the greenshoe.
The company sold a total of 7,272,728 shares at C$2.75 each, complete with the greenshoe for 3,636,363 shares exercised by underwriters Dundee Capital Corp. and Canaccord Capital Inc.
The deal originally priced as a C$10 million offering of 3,636,364 shares.
Proceeds will be used for the advancement of the company's mineral projects and for general corporate purposes.
Located in Toronto, Aurelian is a mineral exploration and development company focused on properties in Ecuador.
| Issuer: | Aurelian Resources Inc.
|
| Issue: | Stock
|
| Amount: | C$20,000,002
|
| Shares: | 7,272,728 (includes greenshoe for 3,636,363 shares)
|
| Price: | C$2.75
|
| Warrants: | No
|
| Underwriters: | Dundee Capital Corp. and Canaccord Capital Inc.
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| Pricing date: | April 7
|
| Settlement date: | April 27
|
| Stock symbol: | TSX Venture: ARU
|
| Stock price: | C$3.09 at close April 7
|
| Stock price: | C$3.16 at close April 27
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