By Sheri Kasprzak
Atlanta, June 28 - Atna Resources Ltd. said it plans to raise C$11 million in a private placement.
The company plans to sell a total of 13.75 million shares at C$0.80 each.
A syndicate of placement agents led by Canaccord Capital Corp. and including Pacific International Securities Inc. will place 6.25 million of the shares for C$5 million in proceeds. The remainder will be non-brokered.
The agents will also have an over-allotment option for up to 1.25 million in additional shares.
Based in Vancouver, B.C., Atna is a gold exploration, development and mining company. The proceeds will be used for the exploration and development of the company's properties and for working capital.
| Issuer: | Atna Resources Ltd.
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| Issue: | Stock
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| Amount: | C$11 million
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| Shares: | 13.75 million
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| Greenshoe: | For up to 1.25 million shares
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| Price: | C$0.80
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| Warrants: | No
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| Placement agents: | Canaccord Capital Corp. (lead); Pacific International Securities Inc. (for 6.25 million shares)
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| Pricing date: | June 28
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| Stock price: | C$0.78 at close June 27
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