Transactions

Peterson McVicar acts for Probe Metals Inc. as it closes $14.6 Million Private Placement

On August 17, 2016, Probe Metals Inc. (“Probe”) completed a private placement financing of 13,200,000 units for aggregate gross proceeds of $14,645,799 (the “Offering”). The Offering was completed through a syndicate of agents co-led by Macquarie Capital Markets Canada Ltd. and Medalist Capital Ltd., and included Cormark Securities Inc., Paradigm Capital Inc., Mackie Research Capital Corporation, Haywood Securities Inc. and Beacon Securities Limited.

Probe is a leading Canadian gold exploration company focused on the acquisition, exploration and development of highly prospective gold properties. Probe’s existing projects are located in Ontario and Quebec. The net proceeds of the Offering will be used for mineral exploration and general working capital purposes.

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