representative work

Group Eleven Resources Corp. Completes Initial Public Offering


On December 14, 2017, Group Eleven Resources Corp. completed its initial public offering of shares and warrants for proceeds of $5 million and the concurrent listing of its shares on the TSX Venture Exchange. Cassels Brock acted for Group Eleven on the offering and listing as well as Group Eleven’s prior rounds of private placement financing raising proceeds of  $6.5 million, its restructuring to become a Canadian incorporated entity, and the acquisition of interests in two zinc projects in Ireland from Teck Resources Limited. Group Eleven holds the largest exploration position in Ireland by area, consisting of 3,200 square kilometres across four projects.

Group Eleven was represented by a team comprised of Jennifer Traub, John Christian and Samantha Prest (Securities and Mining), and James Morand (Tax).