LAC OFFERING 11,000,000 COMMON SHARES
LAC OFFERING 11,000,000 COMMON SHARES TORONTO, Nov. 21 /PRNewswire/ -- LAC Minerals Ltd. (NYSE: LAC)
announced that it intends to offer 11,000,000 common shares of the company for a price of Cdn$9.625 per share. The total proceeds of the offering to the company will be Cdn$105,875,000.00.
The preliminary short form prospectus will be filed shortly with the securities commissions of each province in Canada. The common shares are being purchased by an underwriting group to be managed by RBC Dominion Securities Inc. -0- 11/21/91 /CONTACT: Gordon Maw, senior vice president and chief financial officer of LAC Minerals, 416-777-2400/ (LAC) CO: LAC Minerals Ltd. ST: Ontario IN: MNG SU: OFR SM -- NY098 -- 6069 11/21/91 16:37 EST
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|Date:||Nov 21, 1991|
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