On February 12, 2024, Fission Uranium Corp. (the "Company"), an award-winning Canadian-based resource company, announced the completion of a bought deal offering of 63,560,000 common shares at a price of C$1.18 per common share for gross proceeds of C$75,000,800.
The offering was completed pursuant to a prospectus supplement dated February 7, 2024 to the Company's base shelf prospectus dated December 11, 2023. The offering was led by Canaccord Genuity Corp. ("Canaccord") and SCP Resource Finance LP, as co-lead underwriters, on behalf of a syndicate of underwriters that included BMO Nesbitt Burns Inc., Haywood Securities Inc., Eight Capital, Red Cloud Securities Inc. and H.C. Wainwright & Co., LLC.
Fasken advised Canaccord in connection with the offering with a team comprised of John Sabetti, Florind Polo, Rachel Phillips, Chelsea Young, Teresa Li (Capital Markets and M&A); Mitchell Thaw and Katerina Ignatova (Tax Law).
Jurisdiction
- British Columbia
