Friday was a boon for a number of B.C. mining companies.
Uranium One Inc. (TSX:UUU), which is one of the largest publicly-traded uranium producers, raised $260 million in bought deal financing of convertible subordinated debentures originally announced February 18. The company said it's using the net proceeds for potential acquisitions and finance operations and development projects.
Vancouver's Apoquindo Minerals Inc. (TSX-V:AQM) also closed an enlarged private placement, raising $33.5 million to fund development of its Zafrandal copper project in Peru. The company had originally planned to raise $23 million, but a second non-brokered private placement closed concurrently, increasing its capital financing by $10.5 million.
Vancouver's Augusta Resource Corp. (TSX: AZC) also closed a $32.5 million bought deal share offering announced February 23. Net proceeds will be used to develop its Rosemont copper project in Arizona.
Uranium One's share price range during the past week: between $2.75 and $2.92; 52-week high: $4.07; 52-week low: $1.54.
Apoquindo's share price range during the past week: between $0.83 and $0.84; 52-week high: $1.10; 52-week low: $0.22.
Augusta's share price range during the past week: between $2.69 and $2.75; 52-week high: $3.78; 52-week low: $1.