representative work

Cassels Represents the Agents in Elevation Gold’s $22.9 Million Public Offering


On March 24, 2022, Elevation Gold Mining Corporation closed a marketed public offering of 43,301,000 units at a price of $0.53 per unit for aggregate gross proceeds of approximately $22.9 million, which includes 5,561,000 units issued pursuant to the exercise of the agents’ over-allotment option. Each unit consists of one common share of Elevation Gold and one common share purchase warrant, each warrant entitling the holder to acquire an additional common share of Elevation Gold at a price of $0.70 until March 24, 2027.

The offering was conducted on a best efforts agency basis led by Canaccord Genuity Corp., and including Stifel GMP.

Cassels acted for the agents.

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