ca.finance.yahoo.com

American Eagle Completes Share Top-Up Investment by South32

South32 logoSouth32
Sig1.73Sen+0.78Env0.00Soc0.00Gov0.00

American Eagle issued 660,000 common shares at C$1.09 each, raising gross proceeds of C$719,400 under South32’s top-up right in the November 26, 2024 investor rights agreement. South32’s holding increased to 40,991,069 shares, about 19.9% on a non-diluted basis, with no warrants or finder’s fees paid. The offering relied on MI 61-101 exemptions.

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