On November 26, 2024, STLLR Gold Inc. completed a bought deal public offering of (i) 4,793,000 premium flow-through units at a price of $1.565 per premium flow-through unit; (ii) 4,167,000 flow-through units at a price of $1.32 per flow-through unit; and (iii) 11,518,860 units at a price of $1.10 per unit, for aggregate gross proceeds of approximately $25.7 million, which included the partial exercise of the underwriters’ over-allotment option.
The offering was conducted by a syndicate of underwriters led by Paradigm Capital Inc., and included SCP Resource Finance LP, BMO Capital Markets, Haywood Securities Inc., National Bank Financial Inc., Stifel Nicolaus Canada Inc., and Velocity Trade Holdings Ltd.
Cassels acted for STLLR.