$EDCU.V

2 stories mentioning EDCU.V

Every FINWIRES story that references EDCU.V, newest first.

Edge Copper Closes a Public Offering and Concurrent Private Placement, Raising $23.04 Million

Edge Copper (EDCU.V) on Tuesday said it closed an overnight marketed offering and concurrent private placement that raised $23.04 million.The offering consisted of around 32.74-million shares priced at $0.58 each, including 2.58-million shares from the underwriter's over-allotment option, raising $19 million.Concurrent with the closing of the public offering, the company completed a non-brokered private placement of 6.97-million shares to purchasers, including insiders of the company, at a price of C$0.58 each, for gross proceeds of $4.05 million.Proceeds will primarily be used to advance exploration and development of its wholly-owned Zonia Copper Project in Arizona.The company's shares were last seen up $0.01 to $0.55 on the TSX Venture Exchange.Price: $0.55, Change: $+0.01, Percent Change: +1.85%

$EDCU.V

Mining & Metals11d ago

Edge Copper Prices $20.3 Million Overnight Marketed Public Offering and Concurrent Non-Brokered Private Placement

Edge Copper (EDCU.V) shares were last seen down 12% on Wednesday after it priced an overnight marketed offering of shares and concurrent private placement.The marketed offering will sell up to 30.2-million shares at $0.58 apiece, for $17.5 million, while underwriters have been granted a 4.53-millon share over-allotment option.Edge Copper will also carry out a concurrent non-brokered private placement of 4.82-million shares also priced at $0.58 for proceeds of about $2.8 million.Proceeds from the financings will be primarily used to advance exploration and development of its the company's Zonia Copper project in Arizona.Shares of the company were last seen down $0.08 to $0.58 on the TSX Venture Exchange.Price: $0.58, Change: $-0.08, Percent Change: -12.12%

$EDCU.V