… $16.80 per Common Share for gross proceeds of approximately $125 million (the “Offering”). The total cost of the Bear Island mill project will be US$380 million, which includes the initial … million annually, excluding the Bear Island project. This project will add approximately US$190 million to this envelope in 2021 and US$120 million in 2022. Public Offering of Common Shares … Offering (the "Over-Allotment Option") for additional gross proceeds of $18.75 million and a total size of the Offering of approximately $143.75 million if fully exercised. Cascades intends …