Transactions

Peterson Law acts for Continental Gold Ltd. as it closes $68.4 Million Private Placement

On September 16, 2010, Continental Gold Limited (“Continental Gold”) closed a private placement of 12,000,000 units at a price of $5.70 per unit (the “Units”) for aggregate gross proceeds of $68,400,000 (the “Offering”). Each Unit consists of one common share and one-half (½) of one common share purchase warrant (“Warrant”). Each whole warrant entitles the holder to acquire an additional common share at a price of $7.50 for a period of 24 months from the date of issuance.

The Offering was underwritten by a syndicate co-led by TD Securities Inc. and Clarus Securities Inc. and including Dundee Securities Corporation, GMP Securities L.P. and Macquarie Capital Markets Canada Ltd. (collectively, the “Underwriters”). The Offering included the initial agreement to acquire 10,000,000 Units and the exercise, in full, by the Underwriters of an Underwriters’ option for the purchase of an additional 2,000,000 Units.

Back

Recent Transactions

31 May 2022

Peterson McVicar Acts for Red Cloud Securities Inc. in Brokered Private Placement with Reyna Silver Corp. for up to C$3.0 Million

Learn More

30 May 2022

Peterson McVicar Acts for Probe Metals in Private Placement

Learn More

06 May 2022

Peterson McVicar Acts for Galway Metals in Upsizing of $8 Million Bought Deal Private Placement Financing to $10 Million

Learn More

05 May 2022

Peterson McVicar Acts for Galway Metals in $8 Million Bought Deal Private Placement Financing

Learn More