representative work

Cassels Represents the Underwriters in Osisko Mining’s $70 Million Bought Deal Private Placement

02/12/2021

On February 12, 2021, Osisko Mining Inc. closed a bought deal private placement of 13,085,000 flow-through shares at a price of $5.35 per flow-through share for aggregate gross proceeds of approximately $70 million, which includes the exercise in full of the underwriters’ over-allotment option.

The offering was conducted through a syndicate of underwriters led by Canaccord Genuity Corp., and including Eight Capital, BMO Nesbitt Burns Inc., CIBC World Markets Inc., National Bank Financial Inc., Beacon Securities Limited, Cormark Securities Inc., Haywood Securities Inc., Industrial Alliance Securities Inc. and RBC Dominion Securities Inc.

Cassels acted for the underwriters with a deal team that included Chad Accursi, Randall Blom and Tiffany Chiu (Securities and Mining).