representative work

Cassels Represents the Underwriters in Osisko Mining’s $100 Million Bought Deal Private Placement


On February 28, 2023, Osisko Mining Inc. completed a bought deal private placement of an aggregate 32,260,000 units at a price of $3.10 per unit for aggregate gross proceeds of approximately $100 million. Each unit consists of one common share and one-half of one common share purchase warrant of Osisko.

The offering was completed through a syndicate of underwriters led by Canaccord Genuity Corp., and included BMO Nesbitt Burns Inc., CIBC World Markets Inc., National Bank Financial Inc., Scotia Capital Inc., Eight Capital, and Haywood Securities Inc. The offering included the exercise in full of the underwriters’ option.

Cassels acted for the underwriters.

RELATED EXPERTISE: Securities | Business | Mining