On January 15, 2021, Bear Creek Mining Corporation closed a bought deal offering of 11,500,000 common shares at a price of $3.00 per common share for gross proceeds of $34.5 million, which includes the full exercise of the underwriters’ over-allotment option.
The offering was conducted by a syndicate of underwriters led by Stifel GMP, and including BMO Capital Markets and Canaccord Genuity Corp.
Cassels acted for the underwriters.