Solaris Resources Reports C$35M Common Share Bought Deal Offering
Portfolio Pulse from Benzinga Newsdesk
Solaris Resources has announced a C$35 million common share bought deal offering. The underwriters have agreed to purchase 7.15 million common shares at a price of C$4.90 per share.
May 21, 2024 | 9:38 pm
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Solaris Resources has secured a C$35 million bought deal offering, selling 7.15 million common shares at C$4.90 each. This move is likely to provide the company with significant capital for its operations.
The bought deal offering will provide Solaris Resources with substantial capital, which can be used for expansion or other operational needs. This is generally positive news for the company's stock price in the short term.
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