Past year: ▼ 93%(6.99c – 1.99 CAD)
Each one in plain English, with the numbers worked through for a shareholder.
9 Apr 2015capital raising announcement▲ Good
Closed the flow-through placement at C$30.2m with the underwriters' option exercised in full: 23.6 million shares at C$1.28.
What it means for a shareholder
23.6m new shares at C$1.28 to raise about C$30.2m. Shares on issue before the raise aren't in the record, so the dilution can't be worked out.
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19 Mar 2015capital raising announcement▲ Good
Upsized the flow-through deal to C$25.1m - 19.6 million shares at C$1.28 - the day after announcing it, citing strong demand.
What it means for a shareholder
19.6m new shares at C$1.28 to raise about C$25.1m. Shares on issue before the raise aren't in the record, so the dilution can't be worked out.
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18 Mar 2015capital raising announcement● Neutral
Flow-through bought deal of 11.725 million shares at C$1.28 for C$15.0m, with an option for up to C$5.1m more. The price is down again, from C$1.70 the previous July and C$1.55 in February 2014.
What it means for a shareholder
11.7m new shares at C$1.28 to raise about C$15.0m. Shares on issue before the raise aren't in the record, so the dilution can't be worked out.
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8 July 2014capital raising announcement▲ Good
C$12.0m flow-through bought deal: 7.06 million shares at C$1.70, with proceeds restricted to eligible Canadian exploration expenditure.
What it means for a shareholder
7.1m new shares at C$1.70 to raise about C$12.0m. Shares on issue before the raise aren't in the record, so the dilution can't be worked out.
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12 Mar 2014capital raising announcement▲ GoodMajor
Closed the unit offering with the over-allotment taken up in full: 74.29 million units at C$1.55 for C$115.1m, each unit carrying half a warrant exercisable at C$2.00 until March 2015.
What it means for a shareholder
74.3m new shares at C$1.55 to raise about C$115m. Shares on issue before the raise aren't in the record, so the dilution can't be worked out.
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20 Feb 2014capital raising announcement● NeutralMajor
Bought deal of 64.6 million units at C$1.55 for C$100.1m, each unit a share plus half a warrant, to finish building Phoenix. The price is well below the C$4.10 a share raised in February 2012.
What it means for a shareholder
64.6m new shares at C$1.55 to raise about C$100m. Shares on issue before the raise aren't in the record, so the dilution can't be worked out.
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29 Feb 2012capital raising announcement▲ GoodMajor
Closed the bought deal announced on 6 February: 49.0 million shares at C$4.10 for gross proceeds of C$200.9m.
What it means for a shareholder
49.0m new shares at C$4.10 to raise about C$201m. Shares on issue before the raise aren't in the record, so the dilution can't be worked out.
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7 Feb 2012capital raising announcement▲ GoodMajor
Sold 49.0 million shares at C$4.10 on a bought-deal basis for C$200.9m, with an over-allotment option for a further 7.35 million, to fund Phoenix development and working capital. The price is about 27% above the C$3.23 Agnico-Eagle paid six months earlier.
What it means for a shareholder
49.0m new shares at C$4.10 to raise about C$201m. Shares on issue before the raise aren't in the record, so the dilution can't be worked out.
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28 July 2011capital raising announcement▲ GoodMajor
Agnico-Eagle agreed to buy 21,671,827 shares at C$3.23 for C$70.0m, taking 9.2% of Rubicon plus rights to top up its stake in later issues, with the money earmarked for drilling and development on the F2 gold system at the Phoenix project in Red Lake, Ontario. The two also agreed to negotiate a technical services agreement giving Rubicon access to Agnico's geological and mining engineers.
28 July 2011capital raising announcement▲ GoodMajor
The C$70.0m Agnico-Eagle placement closed the day after it was announced.
13 Nov 2009capital raising announcement▲ GoodMajor
Closed at C$86.3m with the over-allotment in full: 18,975,000 shares at C$4.55.
What it means for a shareholder
19.0m new shares at C$4.55 to raise about C$86.3m. Shares on issue before the raise aren't in the record, so the dilution can't be worked out.
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26 Oct 2009capital raising announcement▲ GoodMajor
Announced a C$75.1m bought deal at C$4.55 a share - the highest price Rubicon raised at in the whole record, before any resource estimate had been published.
10 Mar 2009capital raising announcement▲ GoodMajor
Closed a C$40.0m bought deal: 25,000,000 shares at C$1.60, for exploration and development at Phoenix.
What it means for a shareholder
25.0m new shares at C$1.60 to raise about C$40.0m. Shares on issue before the raise aren't in the record, so the dilution can't be worked out.
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19 Nov 2008capital raising announcement▲ Good
Closed brokered and non-brokered placements for C$10.2m: 4.5 million flow-through shares at C$1.35 and 3,296,300 common shares at C$1.10.
What it means for a shareholder
3.3m new shares at C$1.10 to raise about C$3.6m. Shares on issue before the raise aren't in the record, so the dilution can't be worked out.
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10 Nov 2008capital raising announcement● Neutral
Agreed a best-efforts placement of up to 4.5 million flow-through shares at C$1.35 and up to 5.5 million common shares, announced at the end of October 2008 in the middle of the financial crisis.
20 Nov 2007capital raising announcement▲ Good
Closed the flow-through placement: 4,651,200 shares at C$2.15 through Research Capital.
What it means for a shareholder
4.7m new shares at C$2.15 to raise about C$10.0m. Shares on issue before the raise aren't in the record, so the dilution can't be worked out.
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26 Oct 2007capital raising announcement▲ Good
Announced a C$10m flow-through bought deal.
5 May 2006capital raising announcement▲ Good
Closed a brokered placement of 7,640,560 shares at C$1.48 for C$11.3m.
What it means for a shareholder
7.6m new shares at C$1.48 to raise about C$11.3m. Shares on issue before the raise aren't in the record, so the dilution can't be worked out.
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29 Aug 2005capital raising announcement▲ Good
Closed a bought-deal private placement for C$6.0m gross, including the over-allotment in full: 9,232,000 units.
What it means for a shareholder
9.2m new shares at about C$0.6499 to raise about C$6.0m. Shares on issue before the raise aren't in the record, so the dilution can't be worked out.
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29 July 2005capital raising announcement▲ Good
Rubicon's 35.6%-held private affiliate Africo Resources agreed to take 70% of the Kamasani concession, about 100 sq km of the Congolese copper belt around its Kalukundi deposit. At this point Rubicon was a diversified prospect holder, not a Red Lake company.
