Re: New Shareholder - 4 % holder
in response to
by
posted on
Oct 31, 2011 05:17PM
Golden, the amount (2.282...M shares) is close to but not exactly equal to the the main/first part (2.1M flow-through). Perhaps, the Bloomberg item has something to do with the second part (underlined in the NR below) under the option (oversubscription)?goldhunter
------------------NR-----------------
Monday, October 24, 2011
TORONTO, ONTARIO--(Marketwire - Oct. 24, 2011) -
NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES.
Probe Mines Limited (TSX VENTURE:PRB) ("Probe" or the "Company") is pleased to announce that it has entered into an agreement with a syndicate of underwriters led by BMO Capital Markets, under which the underwriters have agreed to buy on a bought deal basis by way of private placement, 2,100,000 flow-through common shares (the "Flow-Through Common Shares") of the Company, at a price of C$2.45 per Flow-Through Common Share for gross proceeds of C$5,145,000. In addition, the Company has also granted the underwriters an option, exercisable up to 48 hours prior to the closing of the offering, to purchase up to an additional 4,100,000 Flow-Through Common Shares for gross proceeds of C$10,045,000.