On July 25, 2024, Rua Gold Inc. completed a public offering of 44,445,000 common shares at a price of $0.18 per common share for aggregate gross proceeds of approximately $8 million.
The offering was conducted by a syndicate of agents including Cormark Securities Inc., as lead agent and sole book-runner, Ventum Financial Corp. and Red Cloud Securities Inc.
Cassels acted for the agents.