606m oz Silver - 1m oz Gold
One of the world’s largest undeveloped Silver projects - Argentina
Message: Announces Equity Financing
| May 20, 2009 |
| Aquiline Resources Inc. Announces Equity Financing |
| TORONTO, ONTARIO--(Marketwire - May 20, 2009) - NOT FOR DISSEMINATION IN THE UNITED STATES OR THROUGH U.S. NEWSWIRE SERVICES Aquiline Resources Inc. ("Aquiline" or the "Company") (TSX:AQI) is pleased to announce that it has filed a preliminary short form prospectus for a new issue of 6 million common shares (the "Common Shares") of the Company in certain provinces of Canada (the "Offering"). The offering is being made through a syndicate of dealers led by Cormark Securities Inc. and including BMO Capital Markets, Dahlman Rose & Company, Dundee Securities Corporation and Haywood Securities Inc. (collectively, the "Underwriters"). Aquiline has also granted the Underwriters an option (the "Over-Allotment Option") to arrange for purchase up to an additional 15% of the Common Shares sold under the Offering to cover over-allotments, if any. The Over-Allotment Option is exercisable in whole or in part for a period of 30 days following the closing of the Offering. The Offering is scheduled to close on or about June 4, 2009 and is subject to certain conditions including, but not limited to, the receipt of all necessary approvals, including the approval of the Toronto Stock Exchange. Proceeds of the Offering will be used to fund Aquiline's 2009/2010 capital program and for general corporate purposes. |
Loading...
Loading...
New Message
Please
login
to post a reply