On February 6, 2025, Lavras Gold Corp. completed a best efforts public offering of 6,819,500 common shares at a price of $2.20 per common share for gross proceeds of approximately $15 million, which included the full exercise of the agent’s over-allotment option.
The offering was conducted by a syndicate of agents co-led by Paradigm Capital Inc. and Canaccord Genuity, and included Raymond James Ltd. and Research Capital Corporation.
Cassels acted for the agents.