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starbuxsux

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starbuxsux

Re: None

Tuesday, 01/13/2015 6:50:54 AM

Tuesday, January 13, 2015 6:50:54 AM

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$AUY - Yamana Gold announces C$260.2 mln equity financing

6:06 AM ET 1/13/15 | Briefing.com

The co announced it entered into an agreement with a syndicate of underwriters under which the Underwriters agreed to buy on a bought deal basis by way of a short form prospectus, 49,100,000 common shares of Yamana at a price of C$5.30 per Share for gross proceeds of C$260,230,000. The net proceeds of the Offering will be used for general corporate purposes and to reduce the Company's debt.

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