trending Market Intelligence /marketintelligence/en/news-insights/trending/6VQQV-Wjat5AteJ_b0Uk6A2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

Pershing Gold raises US$14.6M via bought-deal offering, private placement

Greenhouse gas and gold mines Nearly 1 ton of CO2 emitted per ounce of gold produced in 2019

Essential Metals & Mining Insights - September 2020

Essential Metals & Mining Insights - August 2020

State of the Market: Mining Q2-2020


Pershing Gold raises US$14.6M via bought-deal offering, private placement

Pershing Gold Corp. closed its previously reported bought-deal public offering and concurrent private placement to raise aggregate gross proceeds of approximately US$14.6 million.

The company outlined plans earlier in the month to raise US$6.8 million through each of the offerings, targeting gross proceeds of US$13.6 million.

Pershing Gold said Dec. 19 that the underwriters of the public offering had fully exercised the overallotment option, with the financing comprising 2,794,500 shares at US$2.80 apiece and warrants to purchase up to 1,117,800 common shares.

The private placement comprised 2,347,236 common shares and warrants to purchase 938,891 common shares under the same terms.

Pershing Gold will use the proceeds to advance its Relief Canyon gold-silver project in Nevada, including preconstruction work and development and exploration drilling aiming to expand mineralization. Proceeds are also earmarked for general corporate purposes.