representative work

Cassels Represents the Agents in Mawson Resources’ $17 Million Public Offering of Units


On May 20, 2020, Mawson Resources Limited closed a public offering pursuant to which Red Cloud Securities Inc. and Sprott Capital Partners LP, the co-lead agents, and Canaccord Genuity Corp. and Eight Capital sold 48,572,000 units of Mawson at a price of $0.35 per unit for gross proceeds of approximately $17 million. Each unit consisted of one common share and one-half of one common share purchase warrant of Mawson. Each warrant entitles the holder thereof to acquire one common share at the price of $0.45 until May 20, 2022.

Cassels acted for the agents with a deal team that included Chad Accursi, Randall Blom and Tiffany Chiu (Securities and Mining).

RELATED EXPERTISE: Securities | Mining