representative work

Cassels Represents the Underwriters in Giyani’s $11.5 Million Public Offering


On March 24, 2021, Giyani Metals Corp. completed a bought deal equity financing of 16,916,500 units at a price of $0.68 per unit for gross proceeds of approximately $11.5 million, which includes the full exercise of the underwriters’ over-allotment option. Each unit consists of one common share and one half of one common share purchase warrant of Giyani. Each whole warrant entitles the holder to purchase one common share at a price of $1.00 until September 24, 2022.

The offering was conducted by Cormark Securities Inc. and Beacon Securities Limited as co-lead underwriters.

Cassels acted for the underwriters.

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