On March 11, 2026, Group Eleven Resources Corp. completed a “bought deal” private placement of 13,334,250 common shares at a price of $0.90 per share for aggregate gross proceeds of approximately $12 million, which included the full exercise of the underwriters’ option.
The offering was completed pursuant to an underwriting agreement between Group Eleven and a syndicate of underwriters led by ATB Cormark Capital Markets and including Beacon Securities Limited.
Cassels acted for Group Eleven.