representative work

Battle North Gold Completes $61 Million Public Offering of Common Shares and Flow-Through Shares

08/27/2020

On August 27, 2020, Battle North Gold Corporation completed a bought deal public offering of common shares and flow-through common shares, including the exercise in part of the underwriters’ over-allotment option with respect to the common shares and the exercise in full of the underwriters’ over-allotment option with respect to the flow-through shares. A total of 30,064,250 common shares were sold at a price of $1.85 per common share and 2,145,555 flow-through shares were sold at a price of $2.68 per flow-through share, for aggregate gross proceeds of approximately $61 million.

Cassels acted for Battle North Gold with a deal team that included André Boivin, Kyle Simpson and Miriam El Ofir (Securities and Mining) and Chris Norton and Tera Li Parizeau (Tax).