On July 30, 2019, K92 Mining Inc. (TSXV: KNT) (OTCQB: KNTNF) announced that it had closed its previously announced bought deal private placement of common shares for aggregate gross proceeds of $20,700,690.

The offering was led by Clarus Securities Inc., as lead underwriter and sole bookrunner, on behalf of a syndicate of underwriters which included PI Financial Corp., BMO Nesbitt Burns Inc., Canaccord Genuity Corp., Cormark Securities Inc., Eight Capital, GMP Securities L.O. and Haywood Securities Inc.

K92 is engaged in the production of gold, copper and silver from the Kora/Kora North deposit of the Kainantu Gold Mine in the Eastern Highlands province of Papua New Guinea, as well as exploration and development of mineral deposits in the immediate vicinity of the mine.

Gowling WLG advised K92 with respect to this bought deal with a team that included Cyndi Laval and Tara Amiri.

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