Take physic, pomp

Next Please! Luna Gold (LGC.to), the latest bought deal

Luna Gold Corp. (TSX:LGC)(LGC.TO)(OTCQX:LGCUF) (“Luna” or the “Company”) is pleased to announce that it has entered into an agreement with a syndicate of underwriters pursuant to which they have agreed to purchase, on a bought deal basis, 16,950,000 common shares (the “Shares”) at a price of $1.18 per share for gross proceeds to the Corporation of approximately $20 million (the “Offering”). The Offering will be conducted through a syndicate of underwriters co-led by Cormark Securities Inc. and Canaccord Genuity Corp. 
The net proceeds of the Offering will be etc etc here

And that’s a serious discount to market.

The last time this thing traded at $1.18 was July 17th last year.

Leave a Reply

Your email address will not be published.

Hello, you are not in a chatroom, you are in my living room. Opposing views and criticisms welcome, insults or urinating on furniture unwelcome. Please refrain from swearing if possible, it is not needed.