tiprankstipranks
Arizona Sonoran Upsizes Equity Offering to $30M
Company Announcements

Arizona Sonoran Upsizes Equity Offering to $30M

Story Highlights

Arizona Sonoran Copper Co., Inc. (TSE:ASCU) has released an update.

Don't Miss Our Christmas Offers:

Arizona Sonoran Copper Company Inc. has increased the size of its equity offering to $30 million through a bought deal of common shares, priced at $1.45 each, and has granted an over-allotment option which could raise additional proceeds if fully exercised. This financial move aims to bolster the company’s goal of becoming a mid-tier copper producer and develop its primary Cactus Project along with the Parks/Salyer Projects in Arizona.

For further insights into TSE:ASCU stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks Canadian Auto-Generated NewsdeskArizona Sonoran Copper’s Promising Leaching Results
TipRanks Canadian Auto-Generated NewsdeskArizona Sonoran’s Cactus Project Gains Key Permit
TipRanks Canadian Auto-Generated NewsdeskArizona Sonoran Secures Investment from Rio Tinto’s Nuton
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App