representative work

Cassels Represents the Agents in Millennial Silver’s $24 Million Private Placement


On February 11, 2021, Millennial Silver Corp. closed a best efforts private placement of 48,000,000 subscription receipts at a price of $0.50 per subscription receipts for gross proceeds of $24 million, which included the exercise in full of the agents’ over-allotment option.  The offering was completed in connection with a proposed reverse take-over transaction.

The offering was co-led by Stifel GMP and Eight Capital, on behalf of a syndicate of investment dealers including Sprott Capital Partners, PI Financial Corp. and Cormark Securities Inc.

Cassels acted for the agents.

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