Company News: Volta Resources Last Update: 12 Nov 2010
Press Release: Volta Closes $34.5 Million Bought Deal Private Placement
- Date: 02 Jun 2010
- Category: Standard Release
- Description: Toronto, ON – June 2, 2010 - Volta Resources Inc. ("Volta" or the "Company") (TSX: VTR) announces that it has closed its previously announced private placement of special warrants with a syndicate of underwriters led by Cormark Securities Inc. and including GMP Securities L.P., Wellington West Capital Markets Inc., Rodman & Renshaw, LLC and M Partners Inc. (collectively, the “Underwriters”). The Underwriters have purchased 22,258,000 special warrants, including 2,903,160 special warrants sold pursuant to the Underwriters’ option, on an underwritten bought deal private placement basis, at a price of $1.55 per special warrant for aggregate gross proceeds to the Company of $34,499,900.
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