On March 27, 2025, Rupert Resources Ltd. completed a bought deal public offering of 11,500,000 common shares at a price of $4.50 per common share for gross proceeds of $51.75 million, which included the full exercise of the underwriter’s over-allotment option.
The offering was conducted by a syndicate of underwriters led by Cormark Securities Inc., and included BMO Capital Markets, Scotia Capital Inc., and Canaccord Genuity Corp.
Cassels acted for the underwriters.