representative work

Cassels Represents the Underwriters in Argonaut Gold’s $26.5 Million Flow-Through Financing


On February 17, 2021, Argonaut Gold Inc. completed an offering of 6,276,515 flow-through shares pursuant to a prospectus and 3,103,000 flow-through shares on a private placement basis at a price of $2.82 per flow-through share for aggregate gross proceeds of $26.5 million.

The offering was conducted by a syndicate of underwriters led by Cormark Securities Inc., and including Canaccord Genuity Corp., Echelon Wealth Partners Inc., Laurentian Bank Securities Inc., Paradigm Capital Inc., BMO Nesbitt Burns Inc., Scotia Capital Inc. and Stifel Nicolaus Canada Inc.

Cassels acted for the underwriters.

RELATED EXPERTISE: Securities | Mining