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Ascot Provides Update on Previously Announced Financing Package – Wallaceburg courier press

Feb 09, 2024

The Company is also announcing that the closing date for the previously announced bought deal financing with a syndicate of underwriters co-led by BMO Capital Markets and Desjardins Capital Markets, as further described in the Company’s news release dated January 22, 2024, is now scheduled to occur on February 20, 2024.

The Company has received TSX conditional approval for the transactions described herein, however, the closing of the bought deal financing remains subject to customary closing conditions. The release from escrow of the definitive documentation executed by Ascot, Sprott Streaming and Nebari is subject to the parties’ express release upon the concurrent completion of the bought deal financing and the submission for registration of certain debentures in the Land Title Office of British Columbia and in the Mineral Titles Online of British Columbia.

Read More: https://www.wallaceburgcourierpress.com/globe-newswire/ascot-provides-update-on-previously-announced-financing-package

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