AGORACOM News Flash

AGORACOM WIRE - TUESDAY MAY 29TH, 2012

CONTINENTAL ENERGY Geothermal Energy Project Receives US$ 11.5 Million Grant Read More * Client

SONOMAX completes $3 million equity financing Caisse de dépôt et placement du Québec contributes a significant portion of financing

“Sonomax Now A Proven Commodity In The Mining Sector”
Read Full Press Release; Read Why Sonomax?
Jump Into Active Discussion Forum
*Sponsor*

FOCUS METALS (TSXV:FMS) Changes Its Name to Focus Graphite Inc. Read More | *SPONSOR

INTERNATIONAL PBX VENTURES (TSX:PBX) Signs Copaquire Joint Venture Option Agreement - $90M Potential Payment Read More

LOMIKO METALS (TSXV:LMR) Graphite and Zinc Price Outlook is Favourable Through 2013 Read More | *SPONSOR

Message: Keegan Resources Closes Offering

Reply New Message

« Prev Message Back To Forum Go to Threaded View Next Message »

Clavis

Rank: [?]

President

Points: [?]

23987

Rating: [?]

Votes: 222 Score: 3.5

Currently 3.6/5 Stars.

Your Vote:

Please Log In to Vote

Did you know? You can earn activity points by filling your profile with information about yourself (what city you live in, your favorite team, blogs etc.

Keegan Resources Closes Offering

posted on May 26, 09 05:42AM

May 26, 2009

Keegan Resources Closes Offering

VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 26, 2009) - Keegan Resources Inc. ("Keegan") (TSX:KGN)(NYSE Amex:KGN) -

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

Keegan is pleased to announce the closing of a previously announced bought deal share offering of 7 million common shares at the issue price of $2.40 per share, lead by Dundee Securities Corporation with a syndicate of underwriters, including Canaccord Capital Corporation, Clarus Securities Inc., Paradigm Capital Inc. and Wellington West Capital Markets Inc. (the "Underwriters"). The Underwriters have exercised the over-allotment option of an additional 1 million common shares, bringing the total aggregate gross proceeds raised under the offering to $19,200,000.

As part of their compensation, Keegan issued to the Underwriters underwriters' warrants to purchase up to 400,000 common shares of Keegan at the price of $3.10 per share for a period of 18 months after the closing.

Reply New Message

« Prev Message Back To Forum Go to Threaded View Next Message »