By Devika Patel
Knoxville, Tenn., July 30 - Brigus Gold Corp. said it took in C$14 million through a private placement of stock. The deal had a C$2 million greenshoe.
The company sold 10 million flow-through common shares at C$1.40 per share.
Haywood Securities Inc. was lead underwriter of a syndicate that included Cormark Securities Inc. and Brant Securities Ltd.
Proceeds will be used for exploration and development.
The gold mining company is based in Greenwood Village, Colo.
| Issuer: | Brigus Gold Corp.
|
| Issue: | Flow-through common shares
|
| Amount: | C$14 million, including C$2 million greenshoe
|
| Shares: | 10 million
|
| Price: | C$1.40
|
| Warrants: | No
|
| Agents: | Haywood Securities Inc. (lead), Cormark Securities Inc. and Brant Securities Ltd.
|
| Settlement date: | July 30
|
| Stock symbol: | Toronto: BRD
|
| Stock price: | C$1.29 at close July 29
|
| Market capitalization: | C$163.03 million
|
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