/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE
TSX, ASX: AVM
Common shares outstanding: 70.2 million
All amounts are expressed in Canadian dollars
MONTREAL, June 7 /CNW/ - Anvil Mining Limited (TSX, ASX: AVM) ("Anvil")
is pleased to announce that it has completed its previously announced bought
deal and today has issued an aggregate of 12,384,615 common shares. The common
shares were issued at a price of C$16.25 per share for total gross proceeds of
The offering includes 1,615,385 common shares issued pursuant to the
exercise of an over-allotment option granted to the underwriters.
Paradigm Capital Inc. and BMO Capital Markets acted as co-lead
underwriters in connection with the offering together with a syndicate that
included Haywood Securities Inc. and RBC Capital Markets.
The net proceeds of the offering will be used primarily for development
of Anvil's mining projects in the Democratic Republic of Congo, working
capital and for general corporate purposes.
This news release does not constitute an offer to sell or the
solicitation of an offer to buy any common shares within the United States.
The common shares have not been offered and will not be registered under the
United States Securities Act of 1933, as amended (the "1933 Act"), or any
state securities laws. Accordingly, the common shares may not be offered or
sold in the United States or to U.S. persons (as such terms are defined in
Regulation S under the 1933 Act) unless registered under the 1933 Act and
applicable state securities laws or an exemption from such registration is
Anvil Mining Limited is an unhedged copper and silver producer whose
shares are listed for trading on the Toronto Stock Exchange (as common shares)
and the Australian Stock Exchange (as CDIs) under the symbol AVM. It has a
majority interest in and operates the Dikulushi copper-silver mine and the
Kulu copper tailings operation in the Katanga Province of the DRC. In
addition, the Company is currently developing the Kinsevere project as the
Company's third mine in the DRC.
For further information:
For further information: Craig Munro, Vice President Corporate & Finance
and CFO, Tel: +61 (8) 9481 4700, Email: firstname.lastname@example.org (Perth); Robert
La Vallière, Vice President Investor Relations, Tel: (Office) (514) 448 6664,
(Cell) (514) 944 9036, Email: email@example.com (Montréal); Website: