Copper producer Anvil Mining climbs 17%Shares of Anvil anvil Iron block on which metal is placed for shaping, originally by hand with a hammer. The blacksmith's anvil is usually of wrought iron (sometimes of cast iron), with a smooth working surface of hardened steel. Mining (TSX TSX Toronto Stock Exchange (TSE before April, 2002) TSX Transfer from Stack Pointer to Index TSX True Space Extension : T.AVM AVM 1 Acute viral meningitis, see there 2 Arteriovenous malformation, see there , Stock Forum) climbed 17.7% to $1.33 as the price of copper moved higher, and the company announced that it has completed a $34 million public offering. As the price of copper for July delivery climbed 2.5% to $2.16 Monday, the copper producer also announced that it has completed a previously announced offering, issuing more than 30 million common shares at $1.15 per share, for gross proceeds of $34.5 million. Anvil says it plans to use the net proceeds Net Proceeds The amount received after all costs are deducted from the sale of a piece of property or security. Notes: In the case of an investor selling a security, net proceeds represent the proceeds from the sale minus any trading costs (i.e. commissions). of the offering for entry premium payments for its Kinsevere copper mine project in the Democratic Republic of Congo and general corporate purposes. On the company’s Bullboard, DrRoll said: “Finally people find that AVM.TO is the cheapest copper play comparing to it's peers, it's not hard to reach $2 range in short term[sic]”… 
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