representative work

Cassels Represents the Underwriters in Osisko Mining’s $44.5 Million Private Placement

08/08/2019

On August 8, 2019, Osisko Mining Inc. completed a bought deal brokered private placement of 6,089,250 common shares that qualify as flow-through shares and 3,175,000 common shares at an issue price of $3.15 per common share for aggregate gross proceeds of approximately $44.5 million, including the exercise in full of the underwriters’ option.

The offering was led by Canaccord Genuity Corp. on behalf of a syndicate of underwriters that included CIBC Capital Markets Inc., National Bank Financial Inc., BMO Capital Markets, Haywood Securities Inc., Cormark Securities Inc., Echelon Wealth Partners Inc., Industrial Alliance Securities Inc., Medalist Capital and Desjardins Securities Inc.

Cassels acted for the underwriters with a deal team that included Chad Accursi, Randall Blom and Michael Britton (Securities and Mining) and Chris Norton (Tax).

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RELATED EXPERTISE: Securities | Mining | Taxation