On October 18, 2024, Troilus Gold Corp., a Canadian-based development-stage 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 $28 million.
The offering was conducted through a syndicate of underwriters, led by Haywood Securities Inc. and Desjardins Capital Markets as co-lead underwriters, and including Cormark Securities Inc., Eight Capital Corp., Red Cloud Securities Inc., and BMO Nesbitt Burns Inc.
Cassels acted for Troilus.