On June 4, 2025, Axo Copper Corp., a Canadian mineral exploration company engaged in the exploration and development of the La Huerta copper project in Jalisco, Mexico, completed its initial public offering of 20,909,300 units at C$0.55 per unit, raising gross proceeds of C$11,500,115.
The offering included the full exercise of the over-allotment option and was conducted through a syndicate of underwriters led by Stifel Nicolaus Canada Inc. and SCP Resource Finance LP. The common shares began trading on the TSX Venture Exchange under the symbol “AXO” as part of the TSXV Passport, which accelerates listings for advanced applicants.
Fasken advised Axo Copper Corp. with a team that consisted of Bradley Freelan, Allison Marks, Taylor West and Arjun Sodhi (Capital Markets), Kevin Yip, Puyang Zhao and Katerina Ignatova (Tax).
Jurisdiction
- Ontario
