Transactions

Peterson McVicar Acts for Red Cloud Securities Inc. In Bought Deal Offering with Cassiar Gold for Closing of C$8.3 Million

June 8, 2022 Cassiar Gold Corp. (“Cassiar Gold” or the “Company”) announced that it closed its previously announced bought deal offering (the “Offering”) of flow-through units of the Company (“FT Units”). Pursuant to the Offering, the Company issued 8,346,142 FT Units at a price of C$1.00 per FT Unit for gross proceeds of C$8,346,142 (including the partial exercise of the Underwriters’ over-allotment option).

The Offering was completed by way of a short form prospectus. Red Cloud Securities Inc. and Raymond James Ltd. acted as co-lead underwriters and joint bookrunners for the Offering, on behalf of a syndicate of underwriters which included BMO Nesbitt Burns Inc. (collectively, the “Underwriters”).

Cassiar Gold Corp. (TSXV: GLDC) (OTCQX: CGLCF) is a Canadian gold exploration company holding a 100% interest in its flagship Cassiar Gold Property located in British Columbia, Canada. Cassiar Gold acknowledges, respects, and supports the rights of Traditional First Nations in the lands and communities where they operate.

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