On August 19, 2008, Atacama Minerals Corp. (TSX VENTURE:AAM) announced that it had closed its previously announced private placement. Atacama sold on a brokered and non-brokered private placement basis, an aggregate of 50,025,000 common shares at a price of $1.00 per common share for gross proceeds of $50,025,000. The brokered portion of the private placement was sold by a syndicate of agents co-led by GMP Securities L.P. and Cormark Securities Inc. and included Haywood Securities Inc.

The agents were advised in this transaction by a team from Fasken Martineau led by Georges Dubé and that included, among others, Raziel Zisman, Brad Freelan, Sarah Mamoser and Alex Nikolic.