March 26, 2019 (GLOBE NEWSWIRE) -- RNC Minerals (TSX: RNX) ("RNC" or the “Company") is pleased to announce that it has entered into an agreement with a syndicate of underwriters co-led by Haywood Securities Inc. ("Haywood") and Cantor Fitzgerald Canada Corporation (together with Haywood, the “Co-Lead Underwriters” and, collectively with the syndicate, the “Underwriters”), pursuant to which the Underwriters have agreed to purchase, on a “bought deal” basis, 24,490,000 common shares of the Company (the "Common Shares"), at a price of $0.49 per Common Share (the “Issue Price”), for gross proceeds to the Company of $12,000,100 (the "Offering").
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RNC Minerals Announces $12 Million Bought Deal Financing
