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Keywords :   Canada | Capital Markets | Gold Mines |

Premier Gold Announces Completion of $57.5 Million Bought Deal Public Offering of Common Shares


Premier Gold Mines Limited (TSX:PG) ("Premier" or the "Company") is pleased to announce that it has completed a previously announced bought deal public offering of 10,000,000 common shares (the "Common Shares") at a price of $5.75 per Common Share for net proceeds of approximately $54.5 million (the "Offering") through a syndicate of underwriters led by RBC Capital Markets and including Canaccord Genuity Corp., Scotia Capital Inc., CIBC World Markets Inc., Goldman Sachs Canada Inc., Stonecap Securities Inc., Octagon Capital Corporation and Versant Partners Inc. The Offering included the issue of 1,000,000 Common Shares at the offering price upon the exercise of the over-allotment option granted by the Company to the Underwriters under the Offering. Pursuant to the over-allotment option, the Underwriters have the right to purchase up to an additional 350,000 Common Shares at the Common Share offering price, exercisable in whole or in part, at any time prior to March 28, 2012.

The net proceeds from the Common Shares sold under the Offering will be used to fund Premier's exploration and development activities, for repayment of a portion of Premier's long-term debt and for general corporate purposes.

"With the completion of this financing, the Corporation now has approximately $90 million in working capital" stated Ewan Downie, President and Chief Executive officer of Premier. "These funds are expected to meet all near and mid-term exploration and development plans as well as facilitating plans for continued corporate growth."

About Premier
Premier Gold Mines Limited is one of North America's leading exploration companies with a high-quality pipeline of projects focused in proven, safe and accessible mining jurisdictions in Canada and the United States. The Company's portfolio includes significant assets in world class gold mining districts such as Red Lake, Musselwhite and Geraldton in Ontario and the Carlin Trend in Nevada

Companies Mentionned : Premier Gold Mines |
Data and Statistics for these countries : Canada | All
Gold and Silver Prices for these countries : Canada | All

Premier Gold Mines Ltd.

EXPLORATION STAGE
CODE : PG.TO
ISIN : CA74051D1042
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Annual reports of Premier Gold Mines Ltd.
2008 annual report
2007 Annual Report
2006 Annual Report
Financings of Premier Gold Mines Ltd.
10/22/2012Announces completion of $64 Million Bought Deal Public Offer...
7/11/2012Announces Closing of Non-Brokered Convertible Debenture Priv...
2/27/2012Announces Completion of $57.5 Million Bought Deal Public Off...
7/15/2010Completes $18 Million flow-through financing
11/14/2008COMPLETES 14 MILLION DOLLAR PRIVATE PLACEMENT
10/30/2008TO COMPLETE NON-BROKERED PRIVATE PLACEMENT
5/30/2007Announces Satisfaction of Escrow Release condition for bough...
4/5/2007Announces C$10,200,000 Million "Bought Deal" Financing
Nominations of Premier Gold Mines Ltd.
12/20/2013Confirms Michael Vitton to Join Board of Directors
5/16/2012Announces Proposed Changes to Board of Directors Ebe Scherku...
12/14/2010Appoints Tim Twomey as Vice President Exploration
4/14/2010Appoints Richard Hall As Chairman
6/4/2008TIM TWOMEY JOINS PREMIER AS EXPLORATION MANAGER
Project news of Premier Gold Mines Ltd.
4/23/2014(Hardrock)identifies prospective open pit targets near Hardrock
3/26/2014(Hardrock)reports positive open pit drill results at Hardrock includin...
1/6/2014Provides Year-End Exploration And Operational Update
10/22/2013Fills Key Project Development Team Roles
7/30/2013(Hardrock)Provides Hardrock Exploration Update
6/27/2013(East Bay)Provides Red Lake Update - East Bay and Underground Drilling...
5/28/2013Recieves Important Plan Of Operation Approval At The Cove G...
5/21/2013(Hardrock)Provides Additional Drill Results from Hardrock Including 40...
4/17/2013(Hardrock)provides Hardrock drilling update
2/27/2013Announces Goldcorp Participation In Red Lake Project
2/25/2013Agrees To Acquire Key Red Lake Project
2/4/2013Confirms Filing Of Trans-Canada Property NI43-101 Technical ...
1/30/2013Announces Addition to Corporate Group - Eric Lamontagne Hire...
11/20/2012(Rahill-bonanza)Provides Rahill-Bonanza (Red Lake) JV Property Update
11/12/2012Announces Closing of Gualcamayo Gold Mine Royalty Purchase b...
10/24/2012Receives Environmental Compliance Approval and a Permit to T...
9/12/2012Provides Exploration and Operational Update
4/9/2012Receives First Regulatory Approval for Advanced Exploration ...
1/26/2012(Rain)To Enter Into Rain/Saddle Joint Venture In Nevada
11/8/2011Intersects Highest Grades Yet at Saddle - Nevada
9/7/2011Intersects High-Grade Carlin Gold - Saddle Update
8/16/2011Completes Acquisition of Goldstone
6/22/2011to Acquire Goldstone Resources
5/18/2011(Rahill-bonanza)Intersects High-Grade Gold at Red Lake Joint Venture Project...
5/3/2011(Saddle Gold)to Acquire Claims to Expand Carlin Trend Land Holdings
4/21/2011(East Bay)Drilling Intersects High Grade Gold at Red Lake Footwall Dis...
4/8/2011(Hardrock)Reports Updated NI 43-101 Resource For Hardrock Project
3/30/2011(Saddle Gold)Intersects High-Grade Carlin Gold 0.25 oz/ton Gold Across 40...
2/9/2011(Hardrock)Provides Hardrock Exploration Update
11/10/2010(Saddle Gold)Ramps Up Carlin Trend Exploration
1/18/2011(Pq North)Ramps Up Major 2011 Exploration Initiative
1/18/2011(Rahill-bonanza)Ramps Up Major 2011 Exploration Initiative
1/18/2011(East Bay)Ramps Up Major 2011 Exploration Initiative
1/18/2011(Newman-madsen)Ramps Up Major 2011 Exploration Initiative
11/4/2010(Hardrock)Hardrock Drilling Returns Best Results To-Date
10/27/2010(East Bay) East Bay Red Lake JV Drilling Intersects High Grade Gold
10/21/2010(Rahill-bonanza)Red Lake Drilling Extends Wilmar Mine Horizon
9/28/2010(Hardrock)Drilling Expands Deep Gold Zones at Hardrock 5.49 G/T Au Acr...
8/25/2010(Hardrock) Drilling continues to expand near-surface gold zones at Har...
5/10/2010(East Bay)Red Lake Discover New Gold Zones At East Bay
4/26/2010(Hardrock)Expands NN Zone Mineralization at Hardrock Including 22.97 ...
4/21/2010(East Bay)Drilling Expands PG70 Zone Discovery In Red Lake And Discove...
4/9/2010(Hardrock)Hardrock Project Recipient Of Northwest Ontario Discovery Of...
3/17/2010Red Lake Drilling Returns Multiple High Grade Intercepts At ...
3/8/2010(Hardrock)Hardrock drilling update - New zones discovered, continued s...
2/10/2010(Rahill-bonanza)2010 Red Lake Drill Programs Underway
1/14/2010(Hardrock)Provides Additional Hardrock Drill Results That Include 26.3...
1/5/2010(Hardrock)Deep Drilling at Hardrock Intersects High Grade Gold Includi...
12/9/2009(Hardrock)Drilling Continues To Expand High-Grade Open Pit Potential A...
12/1/2009(Hardrock)Drills Deep At Hardrock; Intersects High Grade Gold Includin...
11/12/2009(Hardrock)Expands High-Grade Open Pit Potential at Hardrock Including ...
10/27/2009(Hardrock)Expands High-Grade Zones at Hardrock - 1.45 oz/ton Gold Over...
9/14/2009(Hardrock)Discovers High-Grade Gold Zone at Hardrock 1141.54 g/t Au (3...
9/10/2009(Pq North)Drilling Defines Gold Zone at PQ-North
8/18/2009(Rahill-bonanza)Provides Red Lake Exploration Update - Deep Drilling Interse...
7/29/2009(Hardrock)Continues to Define High-Grade Gold at EP Zone Target 17.16 ...
7/22/2009(Hardrock)Continues To Define High-Grade Gold At EP And SP Zone Target...
7/13/2009(Rahill-bonanza)Red Lake Drilling Intersects Primary Target Horizon
6/17/2009(Hardrock)intersects high-grade gold at EP and SP zone targets - 19.03...
5/26/2009(Rahill-bonanza)Provides Red Lake Update
5/19/2009(Hardrock)Provides Hardrock Update - Continued High-Grade Gold In The ...
4/29/2009(Hardrock)Hardrock Tenacity Drilling Continues To Return High-Grade Go...
4/22/2009(Hardrock)Hardrock Drilling Continues To Intersect High Grade Gold 7.6...
4/17/2009(Lennie)Signs final Lennie Property acquisition agreement
4/15/2009(Hardrock)Hardrock Drilling intersects high grade gold at Tenacy
4/7/2009(Pq North)Discovers high grade gold at PQ North
3/31/2009(Hardrock)Hardrock Drilling Continues To Intersect High Grade Gold
3/20/2009(Hardrock)Hardrock Drilling Returns Best Gold Intersection To-Date Def...
3/11/2009(Hardrock)Expands High-Grade Open Pit Potential At Hardrock
3/2/2009(Pq North)ADDS SECOND DRILL AT PQ-NORTH - INTERSECTS MINERALIZED ZONES
2/18/2009(Lennie)Acquires Strategic Lennie Property At Red Lake; Rahill-Bonan...
2/17/2009(Hardrock)ROXMARK INTERSECTS HIGH-GRADE GOLD AT HARDROCK PROJECT UP TO...
1/13/2009(Hardrock)BEGINS DRILLING AT HARDROCK PROJECT
1/7/2009(Santa Teresa)SUTTER RELEASES ADDITIONAL HIGH GRADE GOLD AT SANTA TERESA I...
1/5/2009(Rahill-bonanza)LAUNCHES MAJOR 2009 EXPLORATION PLANS
11/10/2008(Santa Teresa)SUTTER DRILLING EXPANDS HIGH GRADE GOLD MINERALIZATION AT SA...
10/30/2008(Rahill-bonanza)RED LAKE DRILLING TO TEST PRIMARY TARGET RESUMES ASSAY SUMMA...
10/2/2008(Pq North)PLANS MAJOR EXPLORATION DRILL PROGRAM AT PQ-NORTH
9/8/2008(Bonanza Red Lake)RED LAKE DRILLING RETURNS HIGH GRADE GOLD
8/13/2008(Santa Teresa)Discovers Second High Grade Gold Zone at Santa Teresa 82.91g...
7/22/2008(Bonanza Red Lake)PROVIDES RED LAKE UPDATE-DRILLING INTERSECTS HIGH GRADE GOLD...
6/17/2008(Santa Teresa)SUTTER DRILLING DISCOVERS HIGH GRADE GOLD AT SANTA TERESA IN...
6/3/2008(Geraldton)ADDITIONAL DRILL ADDED -- DRILL RESULTS INCLUDE 2.01g/t Au A...
5/21/2008(Santa Teresa)TO ACQUIRE STRATEGIC CLAIM WITHIN SANTA TERESA
5/6/2008(Geraldton)GERALDTON DRILLING CONTINUES TO EXPAND GOLD ZONES
4/9/2008(Geraldton)Discovers Near-surface Gold Mineralization At Geraldton Proj...
4/1/2008(Geraldton)Intersected 67.08g/t (1.96oz/ton )over 2.0 metres - PREMIER...
3/14/2008(Pq North)INITIATES AIRBORNE MAGNETOMETER SURVEY AT PQ-NORTH
3/10/2008(Pq North)INITIATE MAJOR EXPLORATION PROGRAM AT PQ-NORTH
3/3/2008(Geraldton)INTERSECT 254.8 g/t (7.44 oz/ton) and 60.88 g/t (1.78 oz/ton...
2/6/2008(Bonanza Red Lake)ANNOUNCES RESOURCE ESTIMATE FOR RED LAKE BONANZA GOLD DEPOSI...
1/24/2008(Geraldton)INTERSECT PRIMARY TARGET IN GERALDTON
1/22/2008(Geraldton) INTERSECT HIGH-GRADE GOLD IN GERALDTON
1/21/2008(Bonanza Red Lake) ANNOUNCE CHANGES IN RED LAKE JOINT VENTURE
12/11/2007BEGINS DIAMOND DRILLING AT HIGH GRADE EL ALAMO DISTRICT
11/29/2007(Bonanza Red Lake)COMMENCE PERMITTING FOR ADVANCED EXPLORATION PROJECTS IN RED...
11/7/2007DRILLING INTERSECTS HIGH-GRADE GOLD MINERALIZATION IN RED LA...
10/29/2007(Bonanza Red Lake) EXPAND HOLDINGS AT HIGH GRADE EL ALAMO DISTRICT
10/22/2007(Bonanza Red Lake)RED LAKE UPDATE - DRILLING INTERSECTS ADDITIONAL HIGH-GRADE ...
9/24/2007TO ACQUIRE HIGH-GRADE GOLD PROJECT
8/27/2007(Bonanza Red Lake)Red Lake Joint Venture Drilling Intersects High Grade Gold
4/2/2007TO ACQUIRE "HIGH GRADE" MEXICAN OPPORTUNITY
Corporate news of Premier Gold Mines Ltd.
9/11/2014completes Cove-McCoy property acquisition from Newmont
6/11/2014announces the results of its 2014 meeting of shareholders
5/15/2014(Hardrock)reports update at Hardrock
2/19/2014Expands High Grade Mineralization at the Cove Gold Project
1/28/2014(Hardrock)Reports Positive Preliminary Economic Assessment Results for...
12/16/2013(Hardrock)confirms filing of Hardrock Deposit NI 43-101 technical repo...
12/3/2013(Hardrock)Provides Positive Initial Metallurgical Results for Hardrock
11/19/2013Discovers New Poly-Metallic Mineralization at Cove Gold Proj...
10/29/2013(Hardrock)releases updated mineral resource estimate on Hardrock depos...
9/18/2013Discovers High Grade Polymetallic Mineralization at the Cove...
6/28/2013Announces the Results of Its 2013 Meeting of Shareholders
6/27/2013Expands High-Grade Mineralization at the Cove Gold Project, ...
5/24/2013Announces Adoption of Advance Notice-By-Law
5/1/2013Announces Addition To Development Team - Richard Harrisson H...
4/2/2013Expands High-Grade Gold Mineralization at Cove Gold Project,...
3/27/2013Awards Preliminary Economic Assessment Studies for Two Depos...
3/18/2013Announces Corporate Group Addition - Paul Blatter Hired as D...
1/29/2013Announces Sale of Shares and Warrants of Premier Royalty
1/9/2013Expands High-Grade Gold Mineralization at Cove Gold Project,...
12/19/2012Releases Trans-Canada Property Resource Estimates on Four De...
12/5/2012Subsidiary And Bridgeport Ventures Complete Business Combina...
12/4/2012Announces Continued Growth in Corporate Group with the Addit...
11/30/2012Bridgeport Ventures Securityholders Approve Plan of Arrangem...
11/30/2012Bridgeport Ventures Securityholders Approve Plan of Arrangem...
10/1/2012Announces $58.5 Million Bought Deal Public Offering of Commo...
8/23/2012Intersects High-Grade Gold At Cove Gold Project In Nevada
8/14/2012(Rahill-bonanza)Provides Rahill-Bonanza Underground Update
8/8/2012and Bridgeport Ventures Sign Definitive Agreement to Merge B...
7/31/2012Provides Trans-Canada Update
7/16/2012Announces Closing of the Cash-Flowing Thunder Creek Royalty ...
6/28/2012Intersects High-Grade Gold at Cove Gold Project in Nevada
6/28/2012and Bridgeport Ventures Announce Non-Binding Letter of Inten...
6/27/2012Annual General Meeting of Shareholders
6/25/2012Announces Additional Cash-Flowing Royalty Purchase Agreement...
6/6/2012Enters Into Definitive Agreement To Acquire The High-Grade C...
6/1/2012Announces Closing Of Cash Flowing Royalty Purchase By Its Su...
5/24/2012Announces Additional Cash-Flowing Royalty Purchase Agreement...
5/23/2012(Rahill-bonanza)Red Lake Haulage Drift Intersects Favourable Structures And ...
4/30/2012Trans-Canada Drilling Expands High Grade Fortune Zone Horizo...
4/25/2012Announces Royalty Purchase Agreement by its Subsidiary Premi...
4/10/2012Enters into Agreement to Acquire the High-Grade Cove Gold Pr...
3/26/2012(Rahill-bonanza)Red Lake Haulage Drift Crosses Onto Rahill-Bonanza Jv Proper...
2/29/2012Trans-Canada Drilling Expands High Grade Fortune Zone Horizo...
2/6/2012Acquires Key Claims In Red Lake
12/6/2011Provides Trans-Canada Project Update - Sustained Success Rea...
11/24/2011- Upcoming Events
11/22/2011To Create Royalty Subsidiary; Secures Abraham Drost
10/26/2011Expands Key Lake Deposit With High-Grade Gold Intercepts Inc...
10/12/2011Announces $30.5 Million Bought Deal Public Offering of Commo...
9/29/2011Provides Trans-Canada Project Update - Focus on High Grade -...
9/12/2011to be Added to S&P/TSX Composite Index
8/30/2011Secures High-Calibre Mining Exectutive
8/8/2011stone Shareholders Approve Acquisition by Premier Gold
6/29/2011(Hardrock)Provides Mid-Year Exploration Update New Discovery at Hardro...
6/24/2011Annual General Meeting of Shareholders
6/9/2011Red Lake Drilling Expands High Grade Footwall Discovery
1/18/2011Ramps Up Major 2011 Exploration Initiative
12/21/2010ASHBURTON WELCOMES PREMIER GOLD MINES EXECUTIVE VP AND COO S...
10/14/2010Signs Option Agreements to Create the Redgold Project
6/15/2010Completes Acquisition Of Saddle Gold
6/15/2010To be added to S&P/TSX composite index
5/25/2010Red Lake Summer Drill Program Underway
2/2/2010Completes CDN$32.0 Million Equity Financing
1/12/2010Provides 2010 Exploration Update - 5 Major Drill Programs To...
12/14/2009Laurention Bank Initiates Analyst Coverage on Premier
11/20/2009To attend San Francisco Hard assets conference
11/6/2009Red Lake Joint Venture to Participate in Major Underground D...
9/24/2009Message from the President
9/17/2009Completes $15 Million Financing
9/11/2009Attends Denver Gold Forum
8/28/2009Increases Financing
8/27/2009$10 Million Financing
6/15/2009Annual General Meeting of Shareholders
5/29/2009Ranks 23rd in Canadian Business Small Cap 300
2/19/2009Canaccord Maintains Speculative Buy and Bumps Target Price t...
2/16/2009CEO Buys Shares
2/9/2009Featured In February Edition Of Resourceworld Magazine
2/4/2009Launches PQ-North Drill Program
12/22/2008CLOSES GERALDTON AQUISITION
12/4/2008To Air On This Weekend's BTV Segment
10/22/2008TO AQUIRE BARRICK'S INTEREST IN GERALDTON DISTRICT
10/1/2008Presenting and Exhibiting at the 2008 Toronto Resource Inves...
6/26/2008Roxmark - Kailey Zone Drilling Returns 1.47g/t Au Across 162...
6/16/2008TO HOST WEBCAST AT AGM
6/12/2008completes sale of Pickle Crow Project
6/6/2008ANNOUNCES ANNUAL GENERAL MEETING OF SHAREHOLDERS (AGM) TO TA...
5/27/2008NEW RESULTS AT KAILEY ZONE HIGHLIGHTED BY SIGNIFICANT INCREA...
11/5/2007SELL PICKLE CROW PROJECT
10/24/2007 BEGINS MAJOR DRILL PROGRAM AT GERALDTON
8/20/2007and Sutter Gold announce signing joint venture agreement
7/19/2007Red Lake Drilling Update
6/13/2007Intersect Wilmar Horizon at depth - Second drill mobilized t...
5/30/2007SIGN JOINT VENTURE AGREEMENT TO EXPLORE RED LAKE "MINE TREND...
5/8/2007INTERSECT GOLD AT RED LAKE JOINT VENTURE
5/9/2007SIGN ASSET EXCHANGE AGREEMENT
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TORONTO (PG.TO)
1.76-4.86%
TORONTO
CA$ 1.76
12/22 16:00 -0.090
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