Kootenay Silver Announces Bought Deal LIFE Private Placement for Gross Proceeds of C$10.0 Million
Core Viewpoint - Kootenay Silver Inc. has announced a private placement offering of common shares, aiming to raise approximately C$10 million through the sale of 4,444,445 shares at C$2.25 each [1] Group 1: Offering Details - The engagement letter has been signed with Red Cloud Securities Inc. as the lead underwriter and sole bookrunner for the offering [1] - The offering is structured as a "bought deal" and will generate gross proceeds of approximately C$10,000,001 [1] - An over-allotment option allows underwriters to sell an additional 666,667 shares for up to approximately C$1,500,001 in gross proceeds [1]