representative work

Cassels Represents the Underwriters in O3 Mining’s $35 Million Bought Deal Private Placement

02/25/2021

On February 25, 2021, O3 Mining Inc. closed a bought deal private placement of 7,709,300 flow-through shares at a price of $4.54 per flow-through share for aggregate gross proceeds of approximately $35 million, which includes the exercise in full of the underwriters’ over-allotment option.

The offering was conducted by a syndicate of underwriters led by Sprott Capital Partners LP, and including Canaccord Genuity Corp., Eight Capital, CIBC World Markets Inc., National Bank Financial Inc., Red Cloud Securities Inc., Cormark Securities Inc. and Stifel Nicolaus Canada Inc.

Cassels acted for the underwriters with a deal team that included Chad Accursi, Randall Blom, David Singh and Thea Gaertner (Securities and Mining).