SilverCrest announces C$80 million bought-deal financing
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(Kitco News) - SilverCrest Metals said today it has entered into an agreement with a syndicate of underwriters led by National Bank Financial Inc., Desjardins Capital Markets and Scotiabank to purchase on a bought-deal basis 11 million common shares at a price of C$7.28 per share for aggregate gross proceeds of C$80 million.
Funds will be used for exploration and development of the Company’s Las Chispas Project.
SilverCrest is a Vancouver-based company focused on Mexico.