representative work

Cassels Represents the Underwriters in Victoria Gold’s $23 Million Bought Deal Financing


On May 8, 2020, Victoria Gold Corp. completed a bought deal short form prospectus offering of common shares, including the exercise in full of the over-allotment option. A total of 3,007,250 common shares were sold at a price of $7.65 per common share for aggregate gross proceeds of approximately $23 million.

The offering was completed by a syndicate of underwriters co-led by joint bookrunners BMO Capital Markets and PI Financial Corp., and including Cormark Securities Inc.

Cassels acted for the underwriters with a deal team that included Jay Goldman, David Gardos and David Singh (Securities and Mining) and Tom Kapsales (Mining and Real Estate).

RELATED EXPERTISE: Mining | Securities | Real Estate & Development