Ero Copper Corp. has announced that it has entered into an agreement with a syndicate of underwriters, led by BMO Capital Markets, under which the underwriters have agreed to purchase, on a bought deal basis, 8.51M common shares, at a price of $12.35 per common share for gross proceeds of approximately $105M. The net proceeds from the offering will be used to advance growth initiatives at the Company’s Tucuma Project and Caraiba Operations, advance regional exploration programs, as well as for general corporate and working capital purposes.
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