$AMAP.TO

Amapa Minerals Prices IPO at C$1.10 Per Share

Amapa Minerals said Friday that it has priced its initial public offering of 127.3 million shares at C$1.10 each, to raise C$140 million.The offering, expected to close on July 30, includes a 15% over-allotment option, which if exercised in full, would raise an additional C$21 million, a statement said.The Toronto Stock Exchange has conditionally approved the listing of the shares, which are expected to begin trading on an "if, as and when issued basis" on July 27 under the symbol "AMAP".Amapa Minerals' principal asset is the Amapa Project in northern Brazil.