Snowline Gold is pleased to announce that it has completed its previously announced "bought deal" public offering of 10,222,200 common shares of the Company at a price of $9.00 per Common Share for aggregate gross proceeds of $91,999,800, including $11,999,700 from the full exercise of the underwriters' over-allotment option . The Company also completed a concurrent non-brokered private placement of 1,123,194 Common Shares at the Offering Price for additional gross proceeds of $10,108,746, pursuant to which existing shareholder
B2Gold Corp. subscribed to maintain its 9.9% interest in the Company . No commission was payable in connection with the Private Placement. The Common Shares issued in connection with the Private Placement are subject to a hold perio...