On April 22, 2022, Scottie Resources Corp. closed a brokered private placement of 10,000,000 premium flow-through common shares at a price of $0.30 per premium flow-though share, 4,000,000 traditional flow-through common shares at a price of C$0.25 per traditional flow-though share, and 4,800,000 common shares at a price of $0.21 per common share, for a aggregate gross proceeds of approximately $5 million.
Cormark Securities Inc. acted as lead agent on behalf of a syndicate of agents which included Research Capital Corporation.
Cassels acted for Cormark.