TSXV:GLDC - Post Discussion
Post by
Betteryear2 on Mar 02, 2022 4:13pm
Cassiar Gold Announces C$6.0 M Bought Deal Public Offering
Calgary, Alberta--(Newsfile Corp. - March 2, 2022) - Cassiar Gold Corp. (TSXV: GLDC) (OTCQX: CGLCF) ("Cassiar Gold" or the "Company") is pleased to announce that it has entered into an agreement with Red Cloud Securities Inc. and Raymond James Ltd. (the "Co-Lead Underwriters") to act as co-lead underwriters and joint bookrunners on behalf of a syndicate of underwriters (collectively, the "Underwriters") pursuant to which the Underwriters have agreed to purchase 4,000,000 flow-through units of the Company (each, a "FT Unit") to be resold to charitable purchasers at a price of C$1.50 per FT Unit (the "Offering Price") on a "bought deal" basis by way of a short form prospectus for gross proceeds of C$6,000,000 (the "Offering").
https://www.newsfilecorp.com/release/115428
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