Caledonia announces that it has entered an "At the Market" or "ATM" sales agreement pursuant to which the Company may, at its discretion from time to time, sell up to US$13m worth of shares. Any sales of shares would occur by means of ordinary brokers' transactions or block trades, with sales only being made on the NYSE American exchange at market prices. Caledonia expects to use the amount of any net proceeds from the sales for the construction of a solar power plant to supply electricity to it ....
24 Jul 2020
WHI First Light: Caledonia Mining (CMCL) & French Connection (FCCN)
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
WHI First Light: Caledonia Mining (CMCL) & French Connection (FCCN)
Caledonia announces that it has entered an "At the Market" or "ATM" sales agreement pursuant to which the Company may, at its discretion from time to time, sell up to US$13m worth of shares. Any sales of shares would occur by means of ordinary brokers' transactions or block trades, with sales only being made on the NYSE American exchange at market prices. Caledonia expects to use the amount of any net proceeds from the sales for the construction of a solar power plant to supply electricity to it ....