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Cassels Represents the Underwriters in Gold Mountain’s $12 Million Private Placement


On June 24, 2021, Gold Mountain Mining Corp. closed a bought deal private placement of 4,255,190 units at a price of $2.10 per unit and 1,326,450 flow-through units at a price of $2.31 per flow-through unit for total gross proceeds of approximately $12 million, which includes the full exercise of the underwriters’ overallotment option.

The offering was completed through a syndicate of underwriters led by Canaccord Genuity Corp. and including Eight Capital and Red Cloud Securities Inc.

Cassels acted for the underwriters.

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