Arizona Sonoran Announces Filing of Final Short Form Prospectus in connection with C$30,000,000 Bought Deal Financing
Arizona Sonoran Copper Company Inc. (TSX:ASCU | OTCQX:ASCUF) has filed a final short form prospectus for its C$30,015,000 bought deal offering. The offering consists of 20,700,000 common shares at C$1.45 per share. An over-allotment option for up to an additional 15% of shares has been granted to the underwriters. The prospectus is available on SEDAR+ and through Raymond James The offering is subject to Toronto Stock Exchange approval.
The underwriting syndicate includes Raymond James and Paradigm Capital Inc. as co-lead underwriters and joint bookrunners, along with Canaccord Genuity Corp., Eight Capital, Haywood Securities Inc., Stifel Nicolaus Canada Inc., Scotia Capital Inc., and TD Securities Inc. The securities are not registered under U.S. securities laws and cannot be offered or sold in the United States without exemption.
Arizona Sonoran Copper Company Inc. (TSX:ASCU | OTCQX:ASCUF) ha presentato un prospetto finale in forma abbreviata per la sua offerta in acquisto di C$30,015,000. L'offerta comprende 20,700,000 azioni comuni a C$1.45 per azione. 脠 stata concessa un'opzione di sovrallocazione fino a un ulteriore 15% delle azioni agli underwriter. Il prospetto 猫 disponibile su SEDAR+ e tramite Raymond James. L'offerta 猫 soggetta all'approvazione della Borsa di Toronto.
Il sindacato di sottoscrittori include Raymond James e Paradigm Capital Inc. come co-guidatori e bookrunners congiunti, insieme a Canaccord Genuity Corp., Eight Capital, Haywood Securities Inc., Stifel Nicolaus Canada Inc., Scotia Capital Inc. e TD Securities Inc. I titoli non sono registrati ai sensi delle leggi sui titoli degli Stati Uniti e non possono essere offerti o venduti negli Stati Uniti senza esenzione.
Arizona Sonoran Copper Company Inc. (TSX:ASCU | OTCQX:ASCUF) ha presentado un prospecto final en forma corta para su oferta de compra de C$30,015,000. La oferta consiste en 20,700,000 acciones comunes a C$1.45 por acci贸n. Se ha otorgado una opci贸n de sobreasignaci贸n por hasta un 15% adicional de las acciones a los suscriptores. El prospecto est谩 disponible en SEDAR+ y a trav茅s de Raymond James. La oferta est谩 sujeta a la aprobaci贸n de la Bolsa de Valores de Toronto.
El sindicato de suscripci贸n incluye a Raymond James y Paradigm Capital Inc. como co-lideres y bookrunners conjuntos, junto con Canaccord Genuity Corp., Eight Capital, Haywood Securities Inc., Stifel Nicolaus Canada Inc., Scotia Capital Inc. y TD Securities Inc. Los valores no est谩n registrados bajo las leyes de valores de EE. UU. y no pueden ser ofrecidos o vendidos en los Estados Unidos sin exenci贸n.
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鞚胳垬雼棎電� Raymond James鞕� Paradigm Capital Inc.臧� 瓿惦彊 毽摐 鞏鸽崝霛检澊韯� 氚� 瓿惦彊 攵侂煱雱堧 韽暔霅橂┌, Canaccord Genuity Corp., Eight Capital, Haywood Securities Inc., Stifel Nicolaus Canada Inc., Scotia Capital Inc. 氚� TD Securities Inc.鞕� 頃粯頃╇媹雼�. 鞚� 歃濌秾鞚� 氙戈淡 歃濌秾氩曥棎 霌彪霅橃柎 鞛堨 鞎婌溂氅� 氅挫牅 鞐嗢澊 氙戈淡鞐愳劀 鞝滉车霅橁卑雮� 韺愲Г霅� 靾� 鞐嗢姷雼堧嫟.
La Arizona Sonoran Copper Company Inc. (TSX:ASCU | OTCQX:ASCUF) a d茅pos茅 un prospectus final en forme abr茅g茅e pour son offre de C$30,015,000. L鈥檕ffre consiste en 20,700,000 actions ordinaires au prix de C$1.45 par action. Une option de surallocation pour jusqu'脿 15% d'actions suppl茅mentaires a 茅t茅 accord茅e aux souscripteurs. Le prospectus est disponible sur SEDAR+ et par l'interm茅diaire de Raymond James. L鈥檕ffre est soumise 脿 l'approbation de la Bourse de Toronto.
Le syndicat de souscription comprend Raymond James et Paradigm Capital Inc. en tant que co-leaders et bookrunners conjoints, ainsi que Canaccord Genuity Corp., Eight Capital, Haywood Securities Inc., Stifel Nicolaus Canada Inc., Scotia Capital Inc. et TD Securities Inc. Les titres ne sont pas enregistr茅s en vertu des lois sur les valeurs mobili猫res des 脡tats-Unis et ne peuvent 锚tre offerts ou vendus aux 脡tats-Unis sans exemption.
Die Arizona Sonoran Copper Company Inc. (TSX:ASCU | OTCQX:ASCUF) hat ein finales Kurzprospekt f眉r ihr C$30,015,000 Kaufangebot eingereicht. Das Angebot umfasst 20,700,000 Stammaktien zu C$1.45 pro Aktie. Den Underwritern wurde eine 脺berzeichnungsoption von bis zu 15% zus盲tzlicher Aktien gew盲hrt. Das Prospekt ist auf SEDAR+ und 眉ber Raymond James erh盲ltlich. Das Angebot unterliegt der Genehmigung der Toronto Stock Exchange.
Das Underwriting-Konsortium umfasst Raymond James und Paradigm Capital Inc. als Co-Leitung und gemeinsame Hauptb眉cher, zusammen mit Canaccord Genuity Corp., Eight Capital, Haywood Securities Inc., Stifel Nicolaus Canada Inc., Scotia Capital Inc. und TD Securities Inc. Die Wertpapiere sind nicht gem盲脽 den US-Wertpapiergesetzen registriert und d眉rfen ohne Ausnahme nicht in den Vereinigten Staaten angeboten oder verkauft werden.
- Secured C$30,015,000 in financing through a bought deal offering
- Potential for additional capital through 15% over-allotment option
- Potential dilution of existing shareholders due to new share issuance
The final short form prospectus is accessible through SEDAR+
NOT FOR DISTRIBUTION TO
In connection with the Offering, the Company has entered into an underwriting agreement with Raymond James Ltd. and Paradigm Capital Inc., as co-lead underwriters and joint bookrunners, together with a syndicate of underwriters including Canaccord Genuity Corp., Eight Capital, Haywood Securities Inc., Stifel Nicolaus Canada Inc., Scotia Capital Inc. and TD Securities Inc.
Delivery of the Prospectus and any amendment will be satisfied in accordance with the 鈥渁ccess equals delivery鈥� provisions of applicable securities legislation. The Prospectus is accessible on SEDAR+ () under the Company鈥檚 issuer profile.
An electronic or paper copy of the Prospectus and any amendment may be obtained, without charge, from Raymond James Ltd. by email at ECM-Syndication@raymondjames.ca by providing Raymond James Ltd. with an email address or address, as applicable. The Prospectus contains important, detailed information about the Company and the Offering. Prospective investors should read the Prospectus before making an investment decision.
The Offering is subject to certain conditions including, but not limited to, the approval of the Toronto Stock Exchange.
The securities offered in the Offering have not been, and will not be, registered under the
Neither the Toronto Stock Exchange nor the regulating authority has approved or disproved the information contained in this press release.
About Arizona Sonoran Copper Company ( | )
ASCU鈥檚 objective is to become a mid-tier copper producer with low operating costs and to develop the Cactus and Parks/Salyer Projects that could generate robust returns for investors and provide a long term sustainable and responsible operation for the community and all stakeholders. The Company鈥檚 principal asset is a
Forward-Looking Statements
This press release contains 鈥渇orward-looking information鈥� within the meaning of applicable Canadian securities legislation. Forward-looking information includes, without limitation, statements regarding the Offering, the receipt of regulatory approvals, and the future plans or prospects of the Company. Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of ASCU to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Factors that could affect the outcome include, among others: risks relating to the ability of the parties to complete the Offering on the terms described in this news release or timing currently expected, or at all, market conditions, future prices and the supply of metals; the results of drilling; inability to raise the money necessary to incur the expenditures required to retain and advance the properties; environmental liabilities (known and unknown); general business, economic, competitive, political and social uncertainties; results of exploration programs; accidents, labour disputes and other risks of the mining industry; political instability, terrorism, insurrection or war; or delays in obtaining governmental approvals, projected cash operating costs, failure to obtain regulatory approvals.
Although ASCU has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results to differ from those anticipated, estimated or intended. Forward-looking statements contained herein are made as of the date of this news release and ASCU disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or results or otherwise, except as required by applicable securities laws. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. Other factors which could materially affect such forward-looking information are described in the risk factors in the Company鈥檚 most recent annual information form and management鈥檚 discussion and analysis which is available on SEDAR+ at .
View source version on businesswire.com:
For more information
Alison Dwoskin, Director, Investor Relations
647-233-4348
adwoskin@arizonasonoran.com
George Ogilvie, President, CEO and Director
416-723-0458
gogilvie@arizonasonoran.com
Source: Arizona Sonoran Copper Company Inc.
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