03:47:40 EDT Fri 29 Mar 2024
Enter Symbol
or Name
USA
CA



First Quantum Minerals Ltd
Symbol FM
Shares Issued 600,505,712
Close 2015-05-22 C$ 16.45
Market Cap C$ 9,878,318,962
Recent Sedar Documents

First Quantum underwriters exercise greenshoe

2015-05-25 06:35 ET - News Release

Mr. G. Clive Newall reports

FIRST QUANTUM MINERALS ANNOUNCES EXERCISE OF OVER-ALLOTMENT OPTION BY UNDERWRITERS

First Quantum Minerals Ltd.'s underwriting syndicate for its recently announced overnight-marketed public offering of common shares, led by RBC Capital Markets and Goldman Sachs Canada Inc., and including Barclays, BNP Paribas, Deutsche Bank Securities, Jefferies International Ltd. and Nomura, has exercised in full its overallotment option to purchase an additional 11,538,450 common shares of First Quantum at a price of $16.25 per common share. The gross proceeds from the offering, including the sale of the additional overallotment shares, will be approximately $1.44-billion. First Quantum's common shares outstanding are expected to increase to approximately 689.0 million.

The offering, including the sale of the overallotment shares, is scheduled to close on or about June 4, 2015, and is subject to certain customary conditions and regulatory approvals, including the approval of the Toronto Stock Exchange. A copy of the preliminary prospectus may be obtained from RBC Capital Markets, attention: distribution centre, 277 Front St. W., 5th floor, Toronto, M5V 2X4 (tel: 416-313-6066), or from Goldman Sachs Canada Inc., c/o Goldman, Sachs & Co. attention: prospectus department, 200 West St., New York, 10282 (tel: 866-471-2526). A copy may also be obtained by visiting SEDAR.

We seek Safe Harbor.

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