Coeur announces flow-through shares private placement to advance silvertip exploration

Chicago--(business wire)--coeur mining, inc. (“coeur” or the “company”) (nyse: cde) today announced that it has arranged a private placement (the “offering”) of 7,704,725 flow-through common shares of the company that will qualify as “flow-through shares” within the meaning of subsection 66(15) of the income tax act (canada) (the “flow-through shares”) for gross proceeds of approximately $25 million (c$34 million), resulting in a 27% premium. the offering will be subject to a four-month hold pe.
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