Yamana to Get $135 M from 22.5 M Shares

yamana Yamana to Get $135 M from 22.5 M SharesGold miner Yamana (Canadian based), says it will offer an additional 5.8 million shares, bringing the total to 22.5 million shares under an agreement with Scotia and Canaccord Capital. The shares will be bought for $6 a share by the capital underwriters to be resold to the public in an offering. The funds will be used towards working capital and to support operations. Yamana shares are up from 13% to $358.75 just about 10 min before today’s closing.


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