Centamin raising 60 Million dollars for Sukari

摘要

Centamin Egypt (CEE-T, CEY-L) is raising 60 million dollars for its 9-million-oz. Sukari gold project in Egypt through a bought-deal financing. The company will issue just over 92 million shares at 65 dollars apiece to a group of underwriters headed up by Thomas Weisel Partners Canada and Cormark Securities. The deal includes a 13.8-mil-lion-share overallotment set at the same price that will be open for 30 days following closure of the bought-deal financing. If fully exercised, that would bring total proceeds to 69 million dollars. The financing is slated to close Feb. 17.