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Ascot Resources Enters Agreement for C$20 Million Bought Deal Financing
Jul 09, 2024•almost 2 years ago
Contract Type
agreement
VancouverMining
Description
Ascot Resources Ltd. has entered into an agreement with a syndicate of underwriters led by BMO Capital Markets and Desjardins Capital Markets for a bought deal financing of approximately C$20 million. The financing includes the purchase of flow-through units and hard dollar units of the company, with the gross proceeds to be used for eligible Canadian development expenses and ongoing commissioning.
Company Information
Company
Ascot Resources
Location
Vancouver, British Columbia, Canada
About
Ascot Resources is a Vancouver based gold company publicly traded on the Toronto Stock Exchange. The Company is focused on re-starting the past producing Premier gold mine with feed from four deposits. Premier is located just 25 kilometres from the town of Stewart, in northwestern British Columbia in a prolific area known as the Golden Triangle.
VancouverMining