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LONDON, April 2, 2024 /CNW/ - Meridian Mining UK S (TSX: MNO) (Frankfurt/Tradegate: 2MM) ("Meridian" or the "Company"), is pleased to announce the upsize of its previously announced bought deal public offering (the "Offering") of common shares (the "Offered Shares") in the capital of the Company. Under the amended terms of the Offering, Beacon Securities Limited and BMO Capital Markets (the "Co-Lead Underwriters"), on behalf of a syndicate of underwriters (together with the Co-Lead Underwriters, the "Underwriters"), have agreed to purchase, on a bought deal basis pursuant to the filing of a prospectus supplement, an aggregate of 50,000,000 Offered Shares of the Company at a price of $0.35 per Offered Share (the "Issue Price") for aggregate gross proceeds to the Company of $17,500,000.
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