Arizona Sonoran Copper Co., Inc. (TSE:ASCU) has released an update.
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Arizona Sonoran Copper Company Inc. has completed the filing for a final short form prospectus, signaling the successful arrangement of a C$30 million bought deal financing. This move, orchestrated in collaboration with several leading underwriters, aims to strengthen the company’s capital through the sale of over 20 million shares, with an option for underwriters to acquire additional shares within 30 days post-closing.
For further insights into TSE:ASCU stock, check out TipRanks’ Stock Analysis page.