representative work

Anaconda Mining Inc. Completes $3 Million Non-Brokered Private Placement


On October 31, 2017, Anaconda Mining Inc. completed a non-brokered private placement of 25,812,500 flow-through shares at a price of $0.08 per share, and 14,392,268 units at a price of $0.065 per unit for aggregate gross proceeds of $3 million. Each unit consists of one common share and one-half of one common share purchase warrant. Each warrant entitles the holder thereof to purchase one common share of Anaconda at a price of $0.105 until October 31, 2020, subject to acceleration.

Cassels acted for Anaconda with a deal team that included Paul Stein, Alex Pizale and Patricia Wood (Securities and Mining) and Chris Norton (Tax).