Richmond Road Capital Corp. and Fredonia Management Limited Announce Closing of $6.3 Million Subscription Receipt Financing with Significant Participation by Mr. Eric Sprott
Corporation or
RRCC ) and Fredonia Management Limited (
Fredonia ) are pleased to announce that Fredonia has closed its previously announced brokered private placement of subscription receipts of Fredonia (the
Subscription Receipts ), pursuant to which an aggregate of 37,445,310 Subscription Receipts were sold at a price of $0.17 for aggregate gross proceeds of approximately $6.3 million (the
Financing ) pursuant to an agency agreement (the
Agency Agreement ) entered into between the Corporation, Fredonia and Paradigm Capital Inc. and Red Cloud Securities Inc. (together, the
ROB Magazine
Silver bull: Sprott’s Smirnova on why the precious metal is set to rise in the post-pandemic recovery Shirley Won Bookmark Please log in to listen to this story. Also available in French and Mandarin. Log In Create Free Account
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Kristina Dittmar/The Globe and Mail
Maria Smirnova runs the only silver equity mutual fund in North America. Her $278-million Ninepoint Silver Equities fund was the brainchild of Eric Sprott, her former boss, mentor and now a mining financier, who has long been a bull on “poor man’s gold.” But soon after the fund’s launch in 2012, silver fell into a bear market. The metal shot up in price after COVID-19 took hold last year, however, and silver producers’ shares have soared. We asked the 43-year-old, who also co-runs Ninepoint’s Gold & Precious Minerals fund, why U.S. President Joe Biden’s
TORONTO, Feb. 22, 2021 (GLOBE NEWSWIRE) Sprott Inc. (NYSE:SII) (TSX:SII) (“Sprott”) will host a conference call on Friday, February 26, 2021 at 10:00 a.m. ET to discuss its 2020 annual results. The Company plans to release its financial results at 7:00 a.m. ET the same day. Conference Call DetailsTo participate in the call, please dial (855) 458-4215 ten minutes prior to the scheduled start of the call and provide conference ID 7372646. A taped replay of the conference call will be available until Friday, March 5, 2021 by calling (855) 859-2056, reference number 7372646. The conference call will be webcast live at www.sprott.com and https://edge.media-server.com/mmc/p/nnqnfedr About SprottSprott is a global asset manager and a leader in precious metal investments. With offices in Toronto, New York and London, Sprott is dedicated to providing investors with specialized investment strategies that include Exchange Listed Products, Managed Equities, Lending, and Brokerage.