Brazil Mine Clinches Bought Share Deal

Brazil Mine Clinches Bought Share Deal

Brazil Equity Bonds Canada

Toronto-based Colossus Minerals, operator of the Serra Pelada project in Brazil, has raised CAD86m ($85m) through a equity-linked bought deal. Colossus sold 86,250 units at CAD1,000 each, which includes the underwriters' exercise of an overallotment. Each unit consists of a CAD1,000 face value of a senior unsecured 2016 gold-linked note and 60 common share purchase warrants. The 2016 notes pay between 6% and 13%, dependent on the price of gold. Each warrant entitles the holder to acquire one com

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