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Meridian Mining has entered into an agreement with Stifel, BMO Capital Markets and Beacon Securities Limited, for and on behalf of a syndicate of agents, in connection with a "best-efforts" private placement of up to 64,102,564 common shares of the company at a price of $0.78 per common share for aggregate gross proceeds of up to $50 million.
Parties
Company
Meridian Mining
Bank
BMO Capital Markets
Deal Type
Public/Private OfferingIndustry
MiningTransaction
$ 50,000,000Deal Status
ActiveClosing Date