On March 6, 2012, Donner Metals Ltd. (“Donner”) announced that it had closed its brokered private placement financing led by Haywood Securities Inc. (“Haywood”) of 41,071,500 flow-through common shares at $0.28 per share and 6,750,000 units (“Units”) at $0.25 per Unit for aggregate gross proceeds to Donner of $15.1 million. Each Unit consists of one common share issued on a non-flow-through basis and one-half of one transferrable common share purchase warrant (“Warrant”). Each Warrant entitles the holder to acquire one share at a price of $0.32 per share for a period of 24 months from the closing date of the offering.

Peterson Law acted for Haywood with a team that included Dennis Peterson.