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Arizona Sonoran Launches C$30M Bought Deal Offering

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Arizona Sonoran Launches C$30M Bought Deal Offering

Arizona Sonoran Copper Co., Inc. (TSE:ASCU) has released an update.

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Arizona Sonoran Copper Company Inc. has launched a C$30 million bought deal offering of common shares, with an over-allotment option for underwriters, signaling a significant fundraising effort. The company has partnered with a syndicate of underwriters led by Raymond James Ltd. and Paradigm Capital Inc., and the offering is subject to regulatory approvals, including from the Toronto Stock Exchange.

For further insights into TSE:ASCU stock, check out TipRanks’ Stock Analysis page.

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