Allied Nevada Announces Pricing of Public Offering of Common Stock and Warrants
RENO, NEVADA--(Marketwired - Dec. 9, 2014) - Allied Nevada Gold Corp. ("Allied Nevada", "us", "we", "our" or the "Company") (TSX:ANV)(NYSE MKT:ANV) today announced that it has priced a public offering (the "Offering") of shares of common stock and warrants. In connection with the purchase, investors will receive one share of our common stock and one half warrant to purchase our common stock for a price of $1.00. Each whole warrant entitles the holder thereof to purchase one share of our common stock at an exercise price of $1.10 for a period of five years from the closing date of the Offering. The Offering will provide gross proceeds to us of approximately $21.5 million. H.C. Wainwright & Co., LLC is acting as the sole lead placement agent for the offering in the United States and Canaccord Genuity Corp. is acting as co-placement agent for the offering in Canada..
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