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Ikkuma Resources Corp. completes its C$10M private placement

Date closed: 5/12/2016

Value: C$10 million

On May 12, 2016, Ikkuma Resources Corp. announced that it completed a bought deal private placement offering with a syndicate of underwriters led by Desjardins Securities Inc. and including TD Securities Inc., FirstEnergy Capital Corp. and Acumen Capital Finance Partners Limited, pursuant to which the Corporation issued 14,085,000 common shares of Ikkuma on a "flow‑through" basis pursuant for gross proceeds of C$10,000,350.

BLG represented Ikkuma Resources Corp. with a team led by William Guinan that included Louise Lee and Sharagim Habibi.