Goldshore and Sierra Madre $25 Million Combined Private Placement

Wildeboer Dellelce LLP acted for the agents in connection with the combined offering.

Goldshore Resources Inc. completed a private placement offering of 23,076,924 subscription receipts, and Sierra Madre Developments Inc. (TSX-V: SMG.H) completed a private placement offering of 13,333,335 flow-through subscription receipts, for combined aggregate gross proceeds of $25 million on February 26, 202. The Combined Offering was completed in conjunction with the previously announced transaction, which will result in the reverse takeover of Sierra Madre by Goldshore.

Eventus Capital Corp. acted as lead agent in respect of the Combined Offering together with a syndicate of agents that included Canaccord Genuity Corp., Laurentian Bank Securities Inc., Haywood Securities Inc. and Desjardins Securities Inc.

Goldshore Resources Inc. is a private company primarily focused on the identifying and evaluating mining related projects in North America. 

Sierra Madre Developments Inc. is a mining company primarily focused on the acquisition, exploration and development of gold and silver deposits. 

The Wildeboer Dellelce team comprised of Geoffrey Cher (Picture), Al Wiens, Jessica Sorbara and Natalie Tershakowec (corporate/securities) and John Kutkevicius (tax).

 

 

Involved fees earner: Geoffrey Cher – Wildeboer Dellelce LLP; John Kutkevicius – Wildeboer Dellelce LLP; Jessica Sorbara – Wildeboer Dellelce LLP; Natalie Tershakowec – Wildeboer Dellelce LLP; Al Wiens – Wildeboer Dellelce LLP;

Law Firms: Wildeboer Dellelce LLP;

Clients: Canaccord Genuity; Desjardins Securities Inc.; Eventus Capital Corp.; Haywood Securities Inc.; Laurentian Bank Securities Inc.;

Martina Bellini

Author: Martina Bellini