Global Atomic Announces Closing of C$12.5 Million “Bought Deal” Private Placement

/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES /

Global Atomic Corporation (” Global Atomic ” or the ” Company “) (TSX: GLO) (FRANKFURT: G12) (OTCQX: GLATF) is pleased to announce that it has closed its previously announced “Bought Deal” private placement, including full exercise of the over-allotment option, for gross proceeds of C$12,500,000 (the ” Offering “). Under the Offering, the Company sold 6,250,000 units of the Company (the ” Units “) at a price of C$2.00 per Unit (the ” Offering Price “). The Units were sold through a syndicate of underwriters led by Red Cloud Securities Inc. and included Cormark Securities Inc. (the ” Underwriters “). Global Atomic Corporation Logo (CNW Group/Global Atomic Corporation) Each Unit is comprised of one common share in the capital of the Company (each a ” Common Share “) and one half of one […]

Click here to view original web page at investingnews.com

About the author: StockMan

Please remember:

The information provided here is for general knowledge and educational purposes only.
It is not intended to be a substitute for professional financial advice.
Every individual's financial situation is unique, and what works for one person may not work for another.
Before making any investment or financial decisions, you should always consult with a qualified financial advisor who understands your specific circumstances and goals.

Any information posted on the website has been prepared without taking into account your objectives, financial situation or needs and as such, should never be acted upon. Please be aware that any information posted on this site should not be considered to be financial advice and i am not a financial advisor.