You can use your smart phone to browse stories in the comfort of your hand. Simply browse this site on your smart phone.

    Using an RSS Reader you can access most recent stories and other feeds posted on this network.

    SNetwork Recent Stories

Trevali Closes $30,600,000 Bought-Deal Financing

by ahnationtalk on June 11, 2015450 Views

June 11, 2015

Vancouver, British Columbia…Trevali Mining Corporation (“Trevali” or the “Company”) (TSX: TV; BVL: TV; OTCQX: TREVF; Frankfurt: 4TI) announces that it has closed its previously announced bought-deal offering of 30,000,000 common shares of the Company (“Shares”) at a price of $1.02 per share for aggregate gross proceeds of $30,600,000 (the “Offering”). The Shares were offered pursuant to a short form prospectus dated June 3, 2015 (the “Prospectus”), and were underwritten by a syndicate of underwriters led by Dundee Securities Ltd. and including Raymond James Ltd., GMP Securities L.P., Scotia Capital Inc., Haywood Securities Inc., M Partners Inc., Mackie Research Capital Corporation and Paradigm Capital Inc. (collectively, the “Underwriters”).

The Underwriters have been granted an option to purchase up to an additional 15% of the Offering, exercisable in whole or in part at any time up to 30 days after the date hereof.

Trevali intends to use the net proceeds of the Offering to accelerate the ramp-up process and expedite optimization initiatives at the Company’s Caribou Zinc Mine in New Brunswick during commissioning, and for working capital and general corporate purposes, as more fully described in the Prospectus.

Trevali is a zinc-focused, base metals mining company with one producing operation in Peru and another currently undergoing commissioning in Canada.

In Peru, the Company is actively producing zinc and lead-silver concentrates from its 2,000-tonne-per-day Santander mine.

In Canada, Trevali owns the Caribou mine and mill, Halfmile mine and Stratmat deposit all located in the Bathurst Mining Camp of northern New Brunswick. The Company is currently commissioning its 3,000-tonne-per-day Caribou mine.

All of the Company’s deposits remain open for expansion.

The common shares of Trevali are listed on the TSX (symbol TV), the OTCQX (symbol TREVF), the Lima Stock Exchange (symbol TV), and the Frankfurt Exchange (symbol 4TI). For further details on Trevali, readers are referred to the Company’s website ( and to Canadian regulatory filings on SEDAR at

On Behalf of the Board of Directors of
“Mark D. Cruise” (signed)
Mark D. Cruise, President

Contact Information:

Steve Stakiw
Vice President, Investor Relations and Corporate Communications
Phone: (604) 488-1661 / Direct: (604) 638-5623


Send To Friend Email Print Story

Comments are closed.

NationTalk Partners & Sponsors Learn More