Recent Transactions
We acted for Nexgen Energy Ltd. in connection with its $11.5 million bought deal prospectus financing. Nexgen intends to use the proceeds of the offering for continued uranium exploration on its Rook 1 project located in the Athabasca Basin in Saskatchewan and for working capital and other corporate purposes. Click here for more details.
We acted for Cormark Securities Inc. in connection with Big Rock Brewery Inc.'s $13.6 million bought deal public offering. Big Rock intends to use the proceeds of the offering to repay the aggregate amount outstanding under its revolving operating loan facility and for future expenditures anticipated to be incurred in connection with the construction and launch of Big Rock's new brewery and restaurant in Vancouver. Click here for more details.
We acted for Troy Resources Limited in connection with a share placement to institutional and sophisticated investors of approximately A$28 million. The net proceeds of the placement will be used to advance development activities at Troy's West Omai project in Guyana and recommence brownfields exploration at West Omai and Troy's Casposo project in Argentina. Click here for more details.
We acted for Xinergy Ltd. in connection with a US$4.95 million non-brokered private placement financing. The proceeds will be used to strengthen Xinergy's balance sheet and add liquidity. Click here for more details.
We acted for Macquarie Capital Markets Canada Ltd. and a syndicate of agents in connection with ATAC Resources Ltd.'s $6.8 million private placement of units. The proceeds of the offering will be used for exploration of ATAC's Rackla Gold project located in Yukon, Canada. Click here for more details.
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