On September 4, 2025, Snowline Gold Corp. completed a “bought deal” public offering of 10,222,200 common shares at a price of $9.00 per share for aggregate gross proceeds of approximately $92 million. The offering was completed through a syndicate of underwriters led by Canaccord Genuity Corp. and BMO Capital Markets, and included Cormark Securities Inc., Agentis Capital Markets, National Bank Financial Inc., CIBC World Markets Inc. and Scotia Capital Inc.
Concurrently, Snowline Gold completed a non-brokered private placement with B2Gold Corp. to allow them to maintain their 9.9% interest in Snowline Gold, issuing them 1,123,194 common shares at a price of $9.00 per share for additional gross proceeds of approximately $10 million.
Cassels acted for Snowline Gold.