Gatos Silver Inc. (GATO) Prices 21.43M Share IPO at $7/Sh
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Gatos Silver Announces Pricing of Initial Public Offering
October 27, 2020 8:36 PM EDTDENVER--(BUSINESS WIRE)-- Gatos Silver, Inc. (Gatos Silver), a U.S.-based precious metals production, development and exploration company that is expected to own 70% of a new silver and zinc mineral district (Los Gatos District) in Chihuahua state, Mexico, following the consummation of its initial public offering, announced today the pricing of its initial public offering of 21,430,000 shares of its common stock at a price of US$7.00 per share. The gross proceeds from the offering are expected to be approximately US$150 million, before deducting underwriting discounts and commissions and estimated offering expenses payable by Gatos Silver. In addition, Gatos Silver... More
