By Laura Lutz
Des Moines, April 26 - Northern Peru Copper Corp. negotiated a private placement of shares for C$16.8 million.
The company intends to sell 2 million shares at C$8.40 each.
A syndicate led by Raymond James Ltd. and including Salman Partners Inc. and Canaccord Capital Corp. will underwrite the deal.
Settlement is expected on May 15.
Northern Peru is a resource exploration company based in Vancouver, B.C.
Issuer: | Northern Peru Copper Corp.
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Issue: | Shares
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Amount: | C$16.8 million
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Shares: | 2 million
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Price: | C$8.40
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Warrants: | No
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Underwriters: | Raymond James Ltd. (lead), Salman Partners Inc., Canaccord Capital Corp.
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Pricing date: | April 26
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Settlement date: | May 15
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Stock symbol: | Toronto: NOC
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Stock price: | C$8.86 at close April 26
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