HighGold Mining Inc.’s $13.8 Million Bought Deal Offering

Cassels acted for the underwriters.

HighGold Mining Inc. closed a bought deal public offering of 8,625,000 common shares at a price of $1.60 per common share for aggregate gross proceeds of $13.8 million, which includes the full exercise of the underwriters’ overallotment option.

The offering was conducted by a syndicate of underwriters led by Cormark Securities Inc., as lead underwriter and sole bookrunner, together with Stifel Nicolaus Canada Inc., Scotia Capital Inc. and Haywood Securities Inc.

HighGold Mining Inc. (CVE:HIGH) is a Canadian gold exploration company with highly prospective properties in Alaska and the Ontario Timmins Gold Camp. 

The Cassels’ team consisted of Chad Accursi (Picture), James Lyle, Aamir Chherawala, Stacey Weltman and Melissa Montana.

Involved fees earner: Chad Accursi – Cassels Brock & Blackwell LLP; Aamir Chherawala – Cassels Brock & Blackwell LLP; James Lyle – Cassels Brock & Blackwell LLP; Stacey Weltman – Cassels Brock & Blackwell LLP;

Law Firms: Cassels Brock & Blackwell LLP;

Clients: Cormark Securities Inc.; Haywood Securities Inc.; Scotia Capital Inc.; Stifel Nicolaus Canada Inc.;

Sonia Carcano

Author: Sonia Carcano