Examples of Brokered Private Placement in a sentence
Each Brokered Private Placement Unit consists of one common share of Osisko Development and one-half of one common share purchase warrant of Osisko Development, with each whole warrant entitling the holder thereof to acquire one common share of Osisko Development at a price of $10.00 per share on or prior to December 1, 2023.
The net proceeds of the Brokered Private Placement will be used to further develop the Cariboo gold project and other exploration assets of Osisko Development, and for general corporate purposes.
The Corporation issued Broker Warrants to the brokers in the February 2021 Brokered Private Placement.
Pursuant to the Brokered Private Placement, the Corporation issued 172,929,123 subscription receipts of the Corporation (“Subscription Receipts”) at a price of $0.05 per Subscription Receipt.
Brokered private placement On December 30, 2020, Osisko Development closed a brokered private placement of 5,367,050 units (the “Brokered Private Placement Units”) at a price of $7.50 per Brokered Private Placement Unit for aggregate gross proceeds of approximately$40.2 million, including the exercise in full of the underwriters' option (the “Brokered Private Placement”).