On July 31, 2020, Anaconda Mining Inc. closed a non-brokered private placement of 9,500,000 flow-through common shares at a price of $0.58 per flow-through common share for aggregate proceeds of $5.51 million.
Cassels acted for Anaconda with a deal team that included Alexander Pizale and Conrad Lee (Securities and Mining) and Chris Norton and Tera Li Parizeau (Tax).