Past year: ▼ 49%(3.76 – 8.14 CAD)
Each one in plain English, with the numbers worked through for a shareholder.
23 Dec 2021capital raising announcement▲ GoodMajor
Closed the twice-upsized placement at C$136.7 million, which the company said fully funds construction of the Phase 1 plant and mine and advances Phases 2 and 3. Sigma reached a funded construction decision inside three months of mobilising to site.
17 Dec 2021capital raising announcement▲ GoodMajor
BlackRock put in a further C$64.2 million, taking the placement to C$136.7 million and 11,634,137 shares - the second upsizing in a week, and the arrival of a large institutional holder.
What it means for a shareholder
11.6m new shares at about C$11.75 to raise about C$137m. Shares on issue before the raise aren't in the record, so the dilution can't be worked out.
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13 Dec 2021capital raising announcement▲ GoodMajor
Raised the placement by 42% to C$85 million and 7,234,042 shares at the same C$11.75 price, citing investor demand.
What it means for a shareholder
7.2m new shares at about C$11.75 to raise about C$85.0m. Shares on issue before the raise aren't in the record, so the dilution can't be worked out.
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10 Dec 2021capital raising announcement▲ GoodMajor
Announced a non-brokered placement of about 5,106,383 shares at C$11.75 to raise roughly C$60 million, aimed at ESG-focused institutions.
What it means for a shareholder
5.1m new shares at C$11.75 to raise about C$60.0m. Shares on issue before the raise aren't in the record, so the dilution can't be worked out.
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