Hercules Metals Upsizes Bought Deal to $45 Million
Hercules Metals upsized its bought-deal private placement to 51,725,000 shares at $0.87, raising $45.0 million. An option allows for up to 5,747,200 additional shares for $5.0 million; closing is expected on or about Nov. 12, 2026, subject to approvals.
Hercules Metals increased its bought-deal private placement to 51,725,000 shares priced at $0.87 each, for gross proceeds of $45.0M. The deal includes an option to issue up to 5,747,200 additional shares for $5.0M. Closing is expected on or about Nov. 12, 2026, subject to approvals.