trending Market Intelligence /marketintelligence/en/news-insights/trending/lorqocbbjxayyy_xyj1q8g2 content
BY CONTINUING TO USE THIS SITE, YOU ARE AGREEING TO OUR USE OF COOKIES. REVIEW OUR
PRIVACY & COOKIE NOTICE
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.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *

* Required

In this list

Lowell Copper, Gold Mountain, Anthem further increase placement to C$60.5M

Municipal-Run Fiber Tops 280000 Subscribers In 2018

Mobile Payment Apps Driving Fintech Frenzy In India

Street Talk Episode 42: Banks losing consumer deposits to fintech, digital platforms, commercial might be next

Corporate Renewables Market Looks To Continue Growth After Record 2018


Lowell Copper, Gold Mountain, Anthem further increase placement to C$60.5M

Lowell Copper Ltd., Gold Mountain Mining Corp. and Anthem United Inc. agreed to again increase the private placement related to their proposed business combination to create JDL Gold Corp., according to an Oct. 3 news release.

The companies will now raise up to C$60.5 million, compared to C$55 million previously targeted, via a nonbrokered private placement of subscription receipts priced at C$2 apiece. The companies previously increased the offering from C$40 million to C$55 million.

The second and final tranche of the financing is expected to close Oct. 4, with additional proceeds to be used to take advantage of potential acquisition opportunities and for general corporate purposes.

In late September, shareholders of each of Lowell Copper, Gold Mountain Mining and Anthem United unanimously approved the proposed business combination to form JDL Gold Corp., a new company focused on gold and copper.