Geothermal company Magma Energy Corp closes public offering

Magma Energy Corp, a US geothermal company, has closed its previously announced initial public offering of common shares. Following this, Magma issued 66,667,000 common shares at a price of CAN$1.50 per common share, for aggregate gross proceeds of CAN$100,000,500.

Tags: geothermal

Related Posts

• Geothermal company Magma Energy Corporation announces pricing of public offering
• Magma Energy agrees to $21.56m private placement to finance purchase of stake in geothermal company HS Orka
• Geothermal company Magma secures 98 per cent stake in Icelandic HS Orka resource
• Geothermal energy company Magma loses ground in first financial quarter
• Magma Energy to acquire 32 per cent of Icelandic geothermal company HS Orka

Leave a Reply

You must be logged in to post a comment.