Transactions

Peterson McVicar Acts for Red Cloud Securities in $7 Million Minaurum Gold Financing

On June 11, 2021 Minaurum Gold Inc. (“Minaurum” or the “Company”) announced a raising $7 million from a bought deal offering of 17.5 million units priced at 40 cents per unit.

The Company further announced that Red Cloud Securities Inc. would be acting as sole underwriter and bookrunner. The Company granted the underwriter an option to purchase up to 2.62 additional units at the offering price, potential adding $1.05 million to the proceeds.

Minaurum is a Mexico-focused explorer which is currently focused on the high-grade Alamos Silver Project in southern Sonora.

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