E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 8/4/2005 in the Prospect News PIPE Daily.

New Issue: Atna completes C$5.2 million private placement of stock

By Sheri Kasprzak

New York, Aug. 4 - Atna Resources Ltd. said it has completed a C$5.2 million private placement of stock after the exercise of an over-allotment option.

The company sold a total of 6.5 million shares at C$0.80 each. The total includes 250,000 shares exercised as part of an over-allotment option by a syndicate of placement agents led by Canaccord Capital Corp. and including Pacific International Securities Inc.

The offering was first announced June 28.

The proceeds will be used for exploration and development, as well as working capital.

Based in Vancouver, B.C., Atna is a gold exploration, development and mining company.

Issuer:Atna Resources Ltd.
Issue:Stock
Amount:C$5.2 million
Shares:6.5 million (includes greenshoe for 250,000 shares)
Price:C$0.80
Warrants:No
Placement agents:Canaccord Capital Corp. (lead); Pacific International Securities Inc.
Pricing date:June 28
Settlement date:Aug. 4
Stock price:C$0.78 at close June 28
Stock price:C$0.81 at close Aug. 4

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.