|Bid||1.9300 x 0|
|Ask||1.9500 x 0|
|Day's Range||1.9400 - 2.0000|
|52 Week Range||1.0000 - 3.0400|
|Beta (5Y Monthly)||1.32|
|PE Ratio (TTM)||N/A|
|Earnings Date||May 06, 2020|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||3.27|
/NOT FOR DISTRIBUTION TO U. NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR DISSEMINATION DIRECTLY, OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES.
VANCOUVER, BC, July 8, 2020 /CNW/ - Filo Mining Corp. (TSXV:FIL.V - News) (Nasdaq First North Growth Market: FIL) ("Issuer" or the "Company") is pleased to announce that it has increased the size of its previously announced private placement led by SpareBank 1 Markets AS (the "Concurrent Private Placement") of common shares (the "Common Shares") of the Company, at a price (the "Offering Price") of C$1.85 per Common Share, from C$10,000,000 to C$30,000,000. As previously announced, the Concurrent Private Placement is being completed concurrently with a public offering (the "Offering") pursuant to which a syndicate of underwriters led by PI Financial Corp and Canaccord Genuity Corp. (the "Underwriters") have agreed to buy, on a bought deal basis, 5,500,000 Common Shares at the Offering Price for gross proceeds of approximately C$10.2 million.
Filo Mining Corp. (TSX-V, Nasdaq First North Growth Market: FIL) (“Issuer” or the “Company”) has announced today that it has entered into an agreement with a syndicate of underwriters led by PI Financial Corp and Canaccord Genuity Corp. (the “Underwriters”), under which the Underwriters have agreed to buy, on a bought deal basis, 5,500,000 common shares (the “Common Shares”), at a price of C$1.85 per Common Share for gross proceeds of approximately C$10.2 million (the “Offering”). Concurrently, the Company is also undertaking a private placement of an aggregate of approximately C$10.0 million of Common Shares on the same terms and conditions as the Offering led by SpareBank 1 Markets AS (the “Concurrent Private Placement”).