Great Basin Gold closes $126.5 million bought deal public offering of convertible debentures
Client
Underwriters led by RBC Capital Markets
Date
November 19, 2009
On November 19, 2009, Great Basin Gold Ltd. (TSX: GBG; NYSE Amex: GBG; JSE: GBG) announced that it had closed its previously announced bought deal offering of senior unsecured convertible debentures with a syndicate of underwriters led by RBC Capital Markets and including, BMO Capital Markets, Raymond James Ltd. and Thomas Weisel Partners Canada Inc. The underwriters exercised their over-allotment option, resulting in aggregate gross proceeds of $126.5 million.
The underwriters were advised in this transaction by Fasken Martineau with a team led by Lata Casciano and that included, among others, Georald Ingborg, Andrey Schmidt, Amanda MacAdams and Caroline Clapham (securities), Andrew Jackson (banking) and Ronald Nobrega (tax).
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