Capstone Copper and Orion Announce Closing of C$431 Million Bought Deal
In connection with the Offering, 56,548,000 Common Shares were issued by the Company for gross proceeds to the Company of C$356,252,400 and 11,900,000 were sold by Orion for gross proceeds to Orion of C$74,970,000.
- In connection with the Offering, 56,548,000 Common Shares were issued by the Company for gross proceeds to the Company of C$356,252,400 and 11,900,000 were sold by Orion for gross proceeds to Orion of C$74,970,000.
- The Company did not receive any proceeds from the secondary sale of Common Shares by Orion.
- As part of the Offering, Orion has agreed, subject to certain limited exceptions, not to sell any Common Shares or other securities of Capstone for a period of 90 days from the closing of the Offering.
- Each Selling Shareholder may, depending on market and other conditions, increase or decrease its beneficial ownership, control or direction over securities of Capstone.