Key facts
- Edge Copper priced an overnight marketed public offering.
- The offering raised C$20.3 million in gross proceeds.
- The offering consisted of common shares.
- Edge Copper also completed a concurrent non-brokered private placement.
Edge Copper Corporation announced the pricing of its overnight marketed public offering of common shares. The offering is expected to raise C$20.3 million in gross proceeds. In addition to the public offering, the company also announced a concurrent non-brokered private placement. The details of the private placement, including the number of shares and pricing, were not immediately available, but it is typically used to raise capital from specific investors. Marketed offerings are a common method for companies to raise capital quickly, often by selling shares to institutional investors overnight.