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Cassels Represents the Underwriters in KORE Mining’s $8 Million Bought Deal Public Offering


On June 18, 2021, KORE Mining Ltd. completed a bought deal public offering of 8,422,000 units at a price of $0.95 per unit for aggregate gross proceeds of approximately $8 million. Each unit consists of one common share and one half of one common share purchase warrant. Each whole warrant is exercisable for one common share at a price of $1.35 until June 18, 2023.

The offering was completed through a syndicate of underwriters led by Canaccord Genuity Corp. and including PI Financial Corp. and Cormark Securities Inc.

Cassels acted for the underwriters.

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