other material
confidence high
sentiment neutral
materiality 0.70
Dakota Gold enters $50M ATM equity distribution agreement with BMO and Canaccord
Dakota Gold Corp.
- Entered Equity Distribution Agreement for up to $50M of common stock, with BMO Capital Markets and Canaccord Genuity as sales agents.
- Commission to sales agents up to 3.0% of gross proceeds; offering registered under Form S-3 (File No. 333-266155).
- Company has no obligation to sell any shares; sales may occur based on market conditions.
- Agreement effective October 21, 2022; contains customary representations, indemnification, and termination provisions.