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Osisko Development Plans to Change its Name to Osisko Gold Group. Shareholders to Vote on the Change at Its June 23 AGM
Kodiak Copper Upsizes Private Placement to C$13.1 Million
Kodiak Copper (KDK.V) after trade Tuesday said it upsized its best-effort private-placement financing to C$13.1 million from C$10 million "as a result of strong investor demand."The offering includes up to 8.34-million flow-through shares priced at C$1.271 each, expected to raise about C$10.6 million, and up to 3.05-million common shares at C$0.82 each, expected to raise about C$2.5 million, the company said, adding that the underwriters have an option to sell additional shares equal to up to 15% of the offering size.Proceeds will be used for working capital and general corporate purposes. The offering is set to close around June 25, subject to certain conditions including approval from the TSX Venture Exchange, the company said.Kodiak shares closed down C$0.07 to C$0.83 on the TSX Venture Exchange.
BriaCell Therapeutics Rises After Hours as It Closes a $4.7-Million Share Offering
BriaCell Therapeutics (BCT.TO, BCTX) was last seen up 5.5% in after-hours Nasdaq trading after the company on Tuesday the closing of its best-efforts share offering that raised $4.7 million.The company placed 1.45-million shares priced at $3.25 each in the offer..The company intends to use proceeds from the offering for working capital requirements, general corporate purposes, and the advancement of business objectives.BrieCell shares were up US$0.18 at last look to US$3.45, after closing down C$0.05 to C$4.51 on Toronto Stock Exchange.