On June 20, 2025, Arizona Sonoran Copper Company Inc. completed a bought deal public offering of 25,875,000 common shares at a price of $2.00 per common share for aggregate gross proceeds of $51.75 million, which included the full exercise of the underwriters’ over-allotment option.
The offering was conducted by a syndicate of underwriters led by Scotia Capital Inc., as sole bookrunner, and included Canaccord Genuity Corp., Paradigm Capital Inc., Raymond James Ltd., Haywood Securities Inc., RBC Dominion Securities Inc., and Stifel Nicolaus Canada Inc.
Cassels acted for the underwriters.