TransactionsBelo Sun Announces Closing of $51.8 Million Equity Offering Including Exercise in Full of Over-AllotmentPublished: 04/01/2011 By Eva Bellissimo, Lindsay Clements, Jennifer Hansen, Christopher B. Norton, John P. Vettese Belo Sun Mining Corp. announced March 25, 2011 that it has closed its previously announced bought deal offering of 45,080,000 common shares for gross proceeds of $51,842,000. The aggregate number of common shares issued included 5,880,000 common shares issued pursuant to the full exercise of the over-allotment option granted to the Underwriters pursuant to the Offering. The Offering was conducted by a syndicate of underwriters led by TD Securities Inc., as bookrunner, and including Cormark Securities Inc., BMO Nesbitt Burns Inc., National Bank Financial Inc., D&D Securities Inc. and Desjardins Securities Inc. Cassels Brock acted for Belo Sun Mining with a team consisting of John Vettese (Securities & Mining), Eva Bellissimo (Securities & Mining), Lindsay Clements (Securities & Mining), Jennifer Hansen (Securities) and Chris Norton (Tax). |