On November 20, 2023, Troilus Gold Corp., a Canadian-based junior mining company listed on the Toronto Stock Exchange, completed a bought deal offering, by way of short-form prospectus, of units and flow-through shares for aggregate gross proceeds of approximately $15 million.
The offering was completed through a syndicate of underwriters co-led by Haywood Securities Inc. and Cormark Securities Inc., and included Laurentian Bank Securities Inc., Red Cloud Securities Inc., SCP Resource Finance LP, BMO Nesbitt Burns Inc., and Velocity Trade Capital Ltd.
Cassels acted for Troilus.