-- Radisson Mining Resources (RDS.V) said Wednesday it upsized a bought-deal private placement of flow-through shares to $22 million from $20 Million.
The company is selling underwriters 15.9-million flow-through shares priced at $1.38 each to raise $22 million. The underwriters also have an over-allotment option to acquire a further $3 million of the shares if demand warrants.
The offering is expected to close around May 28, pending regulatory approvals, including from the TSX Venture Exchange, the company added.
The company's shares were last seen down $0.04 to $1.05 on the TSX Venture Exchange.
Price: $1.05, Change: $-0.04, Percent Change: -3.67%