On April 22, 2025, Allied Gold Corporation closed a bought deal public offering of 15,000,000 common shares at a price of $5.35 per common share for aggregate gross proceeds of approximately $80 million.
The offering was conducted by a syndicate of underwriters co-led by Canaccord Genuity Corp. and National Bank Financial Inc., and included CIBC World Markets Inc., Cormark Securities Inc. and Stifel Nicolaus Canada Inc.
Cassels acted for Allied.