Skip to main content

Dye & Durham Ltd(DND-T)
TSX

Today's Change
Real-Time Last Update

Dye & Durham Announces Approximately $126 Million Bought Deal Offering of Common Shares

Newswire.ca - Wed Jan 17, 3:36PM CST

/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES/

TORONTO, Jan. 17, 2024 /CNW/ - Dye & Durham Limited (the "Company" or "Dye & Durham") (TSX: DND) announced today that it has entered into an agreement with an underwriting syndicate led by Canaccord Genuity Corp. (the "Lead Underwriter" and collectively with the syndicate, the "Underwriters") to complete a new issue, on a bought deal basis, of an aggregate of 10,400,000 common shares at a purchase price of C$12.10 per common share for aggregate gross proceeds of approximately C$126 million (the "Offering").

Read more at newswire.ca

Provided Content: Content provided by Newswire.ca. The Globe and Mail was not involved, and material was not reviewed prior to publication.

More from The Globe