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Osisko Metals raises C$8m through ‘bought deal’ flow-through financing

By:  
Creamer Media Deputy Editor: North America
 
FLOW-THROUGH FINANCING
Base metals-focused explorer and project developer Osisko Metals has reached an agreement with Canaccord Genuity, on behalf of a syndicate of underwriters, to raise C$8-million on a ‘bought deal’ private placement of 4.21-millon common shares. The shares will qualify as ‘flow-through’ shares under the Canadian Income Tax Act, and are priced at C$1.90 for each flow-through share.
 
 
 
 
 

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