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Filo Mining Completes $40 Million Financing


On August 30, 2019, Filo Mining Corp. completed a bought deal financing and concurrent private placement pursuant to which 14,547,727 common shares were sold at a price of $2.75 per share for aggregate gross proceeds of approximately $40 million.

Cassels acted for Filo on the financings with a deal team that included Jen Hansen and Aimee O’Donnell (Securities and Mining) and Jim Morand (Tax).

RELATED EXPERTISE: Mining | Securities | Taxation