Past year: ▼ 33%(84.5c – 1.34 USD)
Each one in plain English, with the numbers worked through for a shareholder.
13 Mar 2014capital raising announcement● NeutralMajor
Closed a $23.0 million prospectus offering - 8,855,000 shares at $2.60 including the over-allotment in full, led by Dundee - for working capital and general purposes, as the mill expansion neared start-up.
What it means for a shareholder
8.9m new shares at $2.60 to raise about $23.0m. Shares on issue before the raise aren't in the record, so the dilution can't be worked out.
Create a free account to see this worked out for your own holding.
30 Oct 2012capital raising announcement▲ GoodMajor
Closed the offering at $34.5 million gross after the over-allotment was taken in full: 13,529,750 shares at $2.55, with a 5.5% underwriting commission. Proceeds were to pay out the remaining gold hedge and for general purposes.
What it means for a shareholder
13.5m new shares at $2.55 to raise about $34.5m. Shares on issue before the raise aren't in the record, so the dilution can't be worked out.
Create a free account to see this worked out for your own holding.
30 Oct 2012capital raising announcement▲ Good
The non-US-dissemination version of the same closing announcement - 13,529,750 shares at $2.55 for $34.5 million gross, co-led by Dundee and Canaccord with ROTH Capital. One financing, two rows dated 30 October 2012.
What it means for a shareholder
13.5m new shares at $2.55 to raise about $34.5m. Shares on issue before the raise aren't in the record, so the dilution can't be worked out.
Create a free account to see this worked out for your own holding.
5 Oct 2012capital raising announcement● NeutralMajor
Upsized the same-day bought deal to $30.0 million - 11,765,000 shares at $2.55 - with the 15% over-allotment option unchanged and the proceeds still earmarked for eliminating the gold hedge. Two versions of this release and the original $26.1 million announcement were all furnished on 5 October 2012, so this company has three separate rows covering what is really one financing.
What it means for a shareholder
11.8m new shares at $2.55 to raise about $30.0m. Shares on issue before the raise aren't in the record, so the dilution can't be worked out.
Create a free account to see this worked out for your own holding.
5 Oct 2012capital raising announcement● Neutral
The non-US-dissemination version of the same 5 October announcement upsizing the bought deal to $30.0 million at $2.55 a share. Same transaction as the two other rows dated 5 October 2012.
5 Oct 2012capital raising announcement● NeutralMajor
Announced a $26.1 million bought-deal financing - 10,235,000 shares at $2.55 through underwriters led by Dundee Securities, with a 15% over-allotment option and a 5.5% commission. The stated purpose was to clear the remaining gold hedge commitments.
What it means for a shareholder
10.2m new shares at $2.55 to raise about $26.1m. Shares on issue before the raise aren't in the record, so the dilution can't be worked out.
Create a free account to see this worked out for your own holding.
