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Richmont Mines Inc. Message Board

  • sam_and_dave_sung sam_and_dave_sung Jun 30, 2010 7:40 PM Flag

    Weird traders:

    Richmont Mines Inc. Completes Equity Financing

    MONTREAL, QUEBEC, CANADA--(Marketwire - June 17, 2010) - Richmont Mines Inc. ("Richmont") (TSX:RIC)(NYSE Amex:RIC)Richmont Mines Inc. announced today that it has completed the previously announced overnight marketed public offering of 3,300,000 common shares of Richmont (the "Common Shares") at a price of CAN$5.00 per Common Share for aggregate gross proceeds of CAN$16,500,000. The 3,300,000 Common Shares issued by Richmont include 300,000 Common Shares issued upon the exercise in part by the underwriters of an over-allotment option.

    As you can see, +3 million shares sold for $5.00Canadian ($4.72 U.S.)
    Now they sell for $4.42s US.
    Yes. A 6.36% discount for me.

 
RIC
1.3001-0.0499(-3.70%)Apr 17 4:00 PMEDT

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