DeeThree Closes $5 Million Bought Deal Financing

摘要

DeeThree Exploration Inc. has closed its previously announced bought deal financing of common shares issued on a "flow-through" basis with Clarus Securities Inc. acting as the underwriter for the offering.Pursuant to the offering, DeeThree issued two million flow-through shares at a price of $2.50 per share for gross proceeds to DeeThree of $5 million, including 400,000 flow-through shares issued on the exercise in full of the underwriter's option granted to Clarus. DeeThree paid Clarus a cash commission of approximately $225,000 in connection with the offering.