representative work

Cassels Represents Canaccord Genuity in Golden Shield’s $6.3 Million Private Placement


On July 5, 2022, Golden Shield Resources Inc. closed a brokered private placement of 14,624,302 units at a price of $0.43 per unit for gross proceeds of approximately $6.3 million, which includes the partial exercise of the agent’s over-allotment option. Each unit consists of one common share in the capital of Golden Shield and one common share purchase warrant. Each warrant entitles the holder thereof to purchase one common share at a price of $0.60 for a period of 24 months following the closing date.

Canaccord Genuity Corp. acted as agent for Golden Shield on a ‘best efforts’ agency basis in connection with the private placement.

Cassels acted for Canaccord.

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