Gold Standard Ventures’ $34.5 Million Bought Deal Financing

Cassels acted for the underwriters.

On February 17, 2021, Gold Standard Ventures Corp. (NYSE AMERICAN: GSV) (TSX: GSV) completed a bought deal financing of 39,215,00 common shares at a price of $0.88 per common share for gross proceeds of approximately $34.5 million, which includes the exercise of the underwriters’ over-allotment option in full.

The offering was conducted by a syndicate of underwriters led by BMO Capital Markets, and including Canaccord Genuity Corp., National Bank Financial Inc., PI Financial Corp., Haywood Securities Inc., Paradigm Capital Inc., Stifel Nicolaus Canada Inc. and TD Securities Inc.

Gold Standard is developing the South Railroad Project, an open pit, heap leach gold project located in Elko County, Nevada. 

The Cassels team included Jen Hansen (Picture) and David Singh (Securities and Mining) and Tera Li Parizeau (Tax).

Involved fees earner: Jen Hansen – Cassels Brock & Blackwell LLP; Tera Li Parizeau – Cassels Brock & Blackwell LLP; David Singh – Cassels Brock & Blackwell LLP;

Law Firms: Cassels Brock & Blackwell LLP;

Clients: BMO Capital Markets; Canaccord Genuity; Haywood Securities Inc.; National Bank Financial Inc.; Paradigm Capital Inc.; PI Financial Corp.; Stifel Nicolaus Canada Inc.; TD Securities;

Martina Bellini

Author: Martina Bellini