07:01 AM EDT, 06/04/2024 (MT Newswires) -- Solaris Resources ( SLSR ) overnight Monday said it filed a final short form prospectus for its previously announced bought deal offering.

The company filed the prospectus to sell about 7.2 million common shares at $4.90 apiece. Another 1.1 million shares can be sold at the offering price if the over-allotment option is exercised. The offering is expected to close by June 10.

On Monday, Solaris shares fell 1.8% in the U.S. and nearly 3% in Canada where they closed at $4.40.