Peterson McVicar acts for Red Cloud in Upsize to C$5.0 Million Pursuant to Previously Announced UEX Bought Deal Private Placement
On November 10, 2020 UEX Corporation (“UEX” or the “Company”) announced that due to strong investor demand, it had entered into a revised agreement with Red Cloud Securities Inc. (“Red Cloud”) as lead underwriter and sole bookrunner and Sprott Capital Partners as co-underwriter, to increase the gross proceeds of the previously announced bought-deal private placement from C$4,000,000 to C$5,000,000. The minimum gross proceeds from the sale of units of the Company (the “Units”) has been increased from C$1,000,000 to C$1,500,000, with the remaining balance to be comprised of the sale of any combination of Units or flow-through common shares of the Company (the “FT Shares”, and when combined with the Units, the “Offered Securities”). The terms of the Offered Securities remain unchanged.
Peterson McVicar Acts for Red Cloud Securities Inc. in Brokered Private Placement with Reyna Silver Corp. for up to C$3.0 Million
Peterson McVicar Acts for Galway Metals in Upsizing of $8 Million Bought Deal Private Placement Financing to $10 Million