representative work

Collective Mining Completes $10.7 Million Bought Deal Financing


On October 25, 2022, Collective Mining Ltd. completed a bought deal prospectus offering of 4,783,400 units at a price of $2.25 per unit for aggregate gross proceeds of approximately $10.7 million, which included the partial exercise of the underwriters’ over-allotment option. Each unit consisted of one common share and one-half of one common share purchase warrant of Collective, with each whole warrant entitling the holder thereof to acquire one common share at a price of $3.25 for a period of 18 months from the closing date.

Cassels acted for Collective.

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