representative work

Cassels Represents the Agents in Heliostar Metals’ $5.6 Million Private Placement


On May 4, 2021, Heliostar Metals Limited completed a brokered private placement of 5,348,616 units at a price of $1.05 per unit for proceeds of approximately $5.6 million. Each unit consists of one common share and one half of one common share purchase warrant of Heliostar Metals. Each warrant is exercisable for one common share at an exercise price of $1.70 for a period of 12 months following the closing date.

The offering was conducted by Canaccord Genuity Corp., as lead agent, on behalf of a syndicate of agents including Sprott Capital Partners LP, Haywood Securities Inc. and Agentis Capital.

Cassels acted for the agents.

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