representative work

Cassels Represents the Underwriters in Alexco’s $30 Million Bought Deal Financing


On July 7, 2020, Alexco Resource Corp. closed a bought deal public offering of 10,994,000 common shares at a price of $2.73 per share for gross proceeds of $30,013,620, which includes the exercise in full of the underwriters’ over-allotment option.

The offering was conducted by a syndicate of underwriters co-led by Cormark Securities Inc. and Cantor Fitzgerald Canada Corporation as joint bookrunners, and including Scarsdale Equities LLC, Canaccord Genuity Corp., and Roth Capital Partners.

Cassels acted for the underwriters with a deal team that included Chad Accursi, James Lyle and Jasmine Qin (Securities and Mining).

RELATED EXPERTISE: Securities | Mining