HydroGraph Clean Power locks C$50M bought deal
HydroGraph Clean Power has entered into a bought-deal agreement with Canaccord GenuityDealroom has a profile for this one. Try Dealroom → for an underwritten public offering of units worth C$50.0 million.
Offering details. The offering comprises 7,353,000 units priced at C$6.80 each. Each unit includes one common share and one-half of a warrant. The company has also granted an option for up to C$7.5 million in additional units to cover over-allotments.
Use of proceeds. HydroGraph said the net proceeds are expected to support business development, expansion of its American facilities, working capital and general corporate purposes. The offering is expected to close on or about 25 August 2026, subject to customary conditions and regulatory approvals.
Read more: CentralCharts / GlobeNewswire