Past year: ▲ 11%(5.80 – 8.03 CAD)
Each one in plain English, with the numbers worked through for a shareholder.
23 Dec 2016capital raising announcement● NeutralMajor
Yamana announced the closing of the Brio Gold purchase rights offering, per the press release title. Only the cover page and exhibit index are provided, so the amount raised, price and Yamana's resulting stake are not shown. It continues the Brio Gold monetization that began in October 2015 and followed the November 2015 proposed private placement.
23 Nov 2015capital raising announcement● NeutralMajor
Yamana announced a proposed private placement of shares of Brio Gold, with a subtitle saying the intention to monetize a non-core asset is advancing according to plan. Only the cover page and exhibit index are provided, so size, price and Brio Gold's assets are not shown. It continues the Brio Gold monetization initiative from October 2015.
3 Feb 2015capital raising announcement● NeutralMajor
Yamana announced the closing of a C$299.3 million equity financing, including full exercise of the over-allotment option, per the press release title. Only the cover page and exhibit index are provided, so the share price, number of shares issued and use of proceeds are not shown. New shares were issued, so existing holders' stakes are diluted (inference from the title).
12 Dec 2008capital raising announcement▼ BadMajor
Yamana agreed a bought-deal share sale with underwriters, first announced as 16.7 million shares at Cdn$6.00 (Cdn$100.2 million), then increased on the same day to 22.5 million shares for Cdn$135 million with the over-allotment option removed. The shares are offered in Canada (not Quebec) only, and closing is expected in late December 2008, subject to approvals including the TSX. Proceeds are for operating and working capital, and may be used to reduce debt under the revolving facility or fund discretionary capital programs. For existing shareholders this means about 22.5 million new shares, and the filing gives no reason for the raise beyond the stated uses.
