representative work

Cassels Represents the Underwriters in Argonaut Gold’s $17.25 Million Public Offering


On November 17, 2022, Argonaut Gold Inc. completed a public offering of 35,937,500 flow-through shares at a price of $0.48 per flow-through share for gross proceeds of $17.25 million, which includes the exercise in full of the underwriters’ option.

The offering was completed through a syndicate of underwriters led by Cormark Securities Inc., and included BMO Nesbitt Burns Inc., Scotia Capital Inc., Desjardins Securities Inc., Echelon Wealth Partners Inc., Laurentian Bank Securities Inc., Paradigm Capital Inc., RBC Dominion Securities Inc. and Stifel Nicolaus Canada Inc.

Cassels acted for the underwriters.

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