Radisson Announces Closing of Bought Deal Financing for $25 Million

Toronto, Ontario--(Newsfile Corp. - May 28, 2026) - Radisson Mining Resources Inc. (TSXV: RDS) (OTCQX: RMRDF) ("Radisson" or the "Company") is pleased to announce that it has closed its previously announced "bought deal" private placement pursuant to which the Company issued a total of 18,115,797 Class A common shares of the Company that each qualify as "flow-through shares" (within the meaning of subsection 66(15) of the Income Tax Act (Canada)) as part of a charity arrangement (the "FT Shares"), at a price of $1.38 per FT Share, for aggregate gross proceeds of $24,999,800 (the "Offering"). The 18,115,797 FT Shares issued under the Offering include 2,174,000 FT Shares issued and sold pursuant to the full exercise of the option granted by the Company to the Underwriters.
Open original source