On April 3, 2025, Snowline Gold Corp. completed a “bought deal” private placement of 1,875,000 charity flow-through common shares at a price of $10.68 per share for aggregate gross proceeds of approximately $20 million.
The offering was completed through a syndicate of underwriters led by Cormark Securities Inc., and included BMO Capital Markets, Canaccord Genuity Corp., Agentis Capital Markets LP, National Bank Financial Inc., CIBC World Markets Inc., Scotia Capital Inc. and SCP Resource Finance LP.
Cassels acted for Snowline Gold.