Examples of Subscription Receipt Offering in a sentence
As described in the above-mentioned material change reports, the gross proceeds from the sale of the Subscription Receipts will be held in escrow for a certain period following the closing of the Subscription Receipt Offering, pending the satisfaction of certain escrow conditions.
The variance is a result of additional funds raised in the second tranche of the Convertible Debenture Offering and the third tranche of the Subscription Receipt Offering.
In February 2020, the Company completed the Caldas RTO to spin-out the Marmato Mining Assets and in July, August and December of 2020, it participated in the Caldas Special Warrant Offering, the August 2020 Caldas Subscription Receipt Offering and the December 2020 Caldas Subscription Receipt Offering, respectively.
The Subscription Receipt Offering and Common Share Offering resulted in aggregate gross proceeds of $64.0 million (together, the "Private Placements").
The proceeds from the Subscription Receipt Offering, together with the Acquisition Credit Facilities, the net proceeds of the offering of Series 3 Notes and Series 1 Preferred Shares and a portion of IFC’s existing cash resources, will be used to fund the purchase price for the Acquisition.