Snowline Gold sells 10,350,000 shares in unregistered US private placement at C$ 14.5 each
Reuters2026/08/05 22:53- Snowline Gold launched a bought-deal share sale for gross proceeds of about C$150 million.
- Underwriters agreed to buy 10,350,000 common shares at C$14.5 each; deal expected to close around Aug. 12, 2026.
- Shares will be sold in the U.S. via an unregistered private placement exemption under the U.S. Securities Act.
- 30-day over-allotment option allows underwriters to purchase up to 15% additional shares at the offering price.
- Proceeds earmarked for Yukon project advancement, working capital, general corporate purposes.
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