On November 14, 2025, Troilus Gold Corp., a TSX listed Canadian development-stage mining company focused on the Troilus gold and copper project located in Quebec, completed a bought deal public offering of common shares, including the exercise of an over-allotment option in full, for aggregate gross proceeds of approximately $172.5 million. The offering was completed by way of prospectus supplement to a base shelf prospectus through a syndicate of underwriters co-led by Desjardins Capital Markets, Cormark Securities Inc. and Haywood Securities Inc. and including BMO Nesbitt Burns Inc., Red Cloud Securities Inc. and Velocity Trade Capital Ltd.
Cassels represented Troilus.