PyroGenesis raises more than $12M in bought-deal equity offering as part of plan to list on the TSX
PyroGenesis Canada Inc (CVE:PYR) (OTCQB:PYRNF) CEO Peter Pascali tells Proactive it has closed its previously-announced, bought-deal equity offering, in which it issued 3,354,550 units of the company at a price of $3.60 per unit for total gross proceeds of $12,076,380.
The move to raise capital is part of the group’s plan to list on the TSX, an upgrade from the TSXV, in an effort to broaden the group’s appeal to a larger shareholder base while at the same time raising the company’s profile in the investment community.
Story by ProactiveInvestors
Source: https://www.proactiveinvestors.com/companies/news/933742/pyrogenesis-raises-more-than-12m-in-bought-deal-equity-offering-as-part-of-plan-to-list-on-the-tsx-933742.html
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