Date Closed: 3/14/2017
Value: C$17.25 million
On March 14, 2017, Golden Predator Mining Corp. (Golden Predator) closed its bought deal public offering of 7,187,500 Class A common shares (Common Shares) at a price of $1.60 per Common Share and 3,108,450 flow-through Class A common shares (Flow-Through Shares) at a price of $1.85 per Flow-Through Share for aggregate gross proceeds of $17,250,633, which included the exercise in full of the underwriters' over-allotment option. The offering was underwritten by a syndicate of underwriters led by Clarus Securities Inc. and included GMP Securities L.P.
Golden Predator, headquartered in Vancouver, British Columbia, is engaged in the business of gold mineral exploration at its properties in Canada's Yukon Territory.
BLG represented Clarus Securities Inc. and the underwriters with a team led by Andrew Powers that included Linda Tu (Securities) and Richard Eisenbraun (Tax).