Sokoman Minerals Announces $24 Million “Bought Deal” Private Placement of Common Shares Led by Eric Sprott
Not for distribution to United States newswire services or for dissemination in the United States ST. JOHN'S, Newfoundland and Labrador, Oct. 08, 2025 (GLOBE NEWSWIRE) -- Sokoman Minerals Corp. (TSXV: SIC) (OTCQB: SICNF) (“Sokoman” or the “Company”) is pleased to announce that it has entered into an agreement pursuant to which Canaccord Genuity Corp., as lead underwriter, on behalf of a syndicate of Underwriters to be formed (collectively, the “Underwriters”), in connection with a “bought deal” private placement (the “Offering”). The Company is also pleased to announce that it has secured the commitment of Eric Sprott, an existing major shareholder, to participate in the Offering. The Offering will consist of: 53,000,000 common shares of the Company (the “Common Shares”) at a price of C$0.19 per Common Share (the “Common Share Offering Price”) for aggregate gross proceeds of C$10,070,000; and53,000,000 common shares of the Company (the “FT Shares”) that will qualify as “flow-throug