Used Auto For Sale Online

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After the close on December 2nd, Energold (EGD: Canada) announced that it had inked a “bought deal” financing with a syndicate of underwriters raise CAD $15 million. The terms are a unit at $3.70 using a 2 year half warrant at $4.50 that is callable at $5.25. I had no clue that this particular type of financing was imminent and was shocked to study it. After having spent some days thinking it over, Ok, i’ll talk to what this method for the insurance company. In particular, I want to discuss “bought deal” financings.

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