TransactionsCline Mining Corporation Announces Closing of $86 Million Equity OfferingPublished: 06/07/2011 By Nancy Choi, Myroslav Chwaluk, Jennifer Traub On June 7, 2011, Cline Mining Corporation closed a short form prospectus offering of 31,372,000 common shares at a price of $2.75 per common share for aggregate gross proceeds of $86,273,000, including the exercise of the over-allotment option by the underwriters in full. The shares were sold by a syndicate of underwriters led by TD Securities Inc. and including GMP Securities L.P., Jennings Capital Inc., Cormark Securities Inc. and M Partners Inc. Cassels Brock acted for the underwriters with a team that included Jennifer Traub (Securities and Mining), Nancy Choi (Securities) and Myroslav Chwaluk (Securities). |