On October 27, 2021, HighGold Mining Inc. closed a bought deal public offering of 8,625,000 common shares at a price of $1.60 per common share for aggregate gross proceeds of $13.8 million, which includes the full exercise of the underwriters’ overallotment option.
The offering was conducted by a syndicate of underwriters led by Cormark Securities Inc., as lead underwriter and sole bookrunner, together with Stifel Nicolaus Canada Inc., Scotia Capital Inc. and Haywood Securities Inc.
Cassels acted for the underwriters.