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Article: Plutonic Power Corporation Announces Closing of $70.35 Million Bought Deal.
- Article from:
- Marketwire Canada
- Article date:
- November 4, 2009
CopyrightCOPYRIGHT 2009 Canadian Corporate News. News Provided by Comtex. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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VANCOUVER, BRITISH COLUMBIA, Nov 4, 2009 (Marketwire via COMTEX) -- Plutonic Power Corporation (TSX:PCC) is pleased to announce the closing of its recently-announced bought deal financing, raising gross proceeds of $70,350,000 by the sale of 21,000,000 Common Shares at a price of $3.35 per share. The financing was underwritten by a syndicate of underwriters co-led by Cormark Securities Inc., GMP Securities L.P. and Macquarie Capital Markets Canada Ltd., and including Scotia Capital Inc., Toll Cross Securities Inc., Canaccord Capital Corporation, M Partners Inc., PI Financial Corp., Salman Partners Inc. and Versant Partners Inc.
The net proceeds of the offering ...