Rubicon Minerals announces closing of Cdn $86 million bought deal financing
TSX: RMX / NYSE Amex: RBY /NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES/
GMP Securities L.P. and TD Securities Inc. were co-lead underwriters in a syndicate that included Research Capital Corporation, Macquarie Capital Markets
The Company plans to use the net proceeds from the offering to advance the development of the
The common shares were offered by way of a short form prospectus filed in all of the provinces of
This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the
Forward Looking Statements
This news release contains certain statements that may be considered "forward-looking statements". All statements in this release, other than statements of historical fact, that address events or developments that the Company expects to occur, are forward looking statements. Forward looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects", "plans", "anticipates", "believes", "intends", "estimates", "projects", "potential" and similar expressions, or that events or conditions "will", "would", "may", "could" or "should" occur. Forward looking statements in this news release include the anticipated use of proceeds from the offering.
Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in the forward-looking statements. Factors that could cause the actual results to differ materially from those in forward-looking statements include market prices, exploitation and exploration successes, continued availability of capital and financing, inability to obtain required regulatory approvals, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. Forward looking statements are based on the beliefs, estimates and opinions of the Company's management on the date the statements are made. Except as required by law, the Company undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates or opinions, or other factors, should change.
These statements are based on a number of assumptions, including, among others, assumptions regarding general business and economic conditions, the timing of the receipt of regulatory and governmental approvals for Rubicon's proposed exploration and development programs, the availability of financing for Rubicon's proposed exploration and development programs on reasonable terms and the ability of third-party service providers to deliver services in a timely manner. The foregoing list of assumptions is not exhaustive. Events or circumstances could cause results to differ materially.
RUBICON MINERALS CORPORATION
"David W. Adamson" President and Chief Executive Officer The Toronto Stock Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
For further information: Bill Cavalluzzo, VP Investor Relations, Toll free: 1-866-365-4706, E-mail: [email protected], www.rubiconminerals.com, Rubicon Minerals Corporation, Suite 1540-800 West Pender Street, Vancouver BC, CANADA, V6C 2V6
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