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Gold/Mining/Energy : Lithium

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To: kidl who wrote (1128)3/1/2011 6:33:45 PM
From: bull_dozer  Read Replies (1) of 1140
 
Did these investors lost 40% in a month?

Canada Lithium Completes $110 Million "Bought Deal" Financing

A syndicate of underwriters, co-led by Scotia Capital Inc. and Macquarie Capital Markets Canada Ltd., and including Casimir Capital Ltd., Cormark Securities Inc., Dundee Securities Corporation and Jacob Securities Inc. (collectively, the "Underwriters") purchased 73,350,000 common shares of Canada Lithium at a price of $1.50 per common share (the "Offering Price"). The Underwriters have an option to purchase up to an additional 11,002,500 common shares at the Offering Price until 30 days after the closing of the offering for additional gross proceeds of up to approximately $16.5 million.

finance.yahoo.com
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