Seeking Alpha

Goldcorp (GG) announces a secondary offering of more than 8.4M common shares of Primero Mining...

Goldcorp (GG) announces a secondary offering of more than 8.4M common shares of Primero Mining (PPP) at C$5.25/share, or ~9% of GG's interest in Primero. PPP will not receive any proceeds from the offering. PPP -5.6% AH.
Comments (1)
  • balabani
    , contributor
    Comments (4) | Send Message
     
    Since the PPP will not receive any proceeds does this amount to GG off-loading its ~9%?
    18 Sep 2012, 06:03 PM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Tools
Find the right ETFs for your portfolio:
Seeking Alpha's new ETF Hub
ETF Investment Guide:
Table of Contents | One Page Summary
Read about different ETF Asset Classes:
ETF Selector

Next headline on your portfolio:

|