Experience

Cantor Fitzgerald acts as sole agent and sole bookrunner in C$28.2 million McEwen public offering

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Overview

Client

Cantor Fitzgerald Canada Corporation

McEwen Inc. completed a public offering of 942,000 flow-through shares for aggregate gross proceeds of C$28.2 million. The proceeds of this financing will be used exclusively for qualifying Canadian Exploration Expenditures (CEE) and Canadian Development Expenditures (CDE), within the meaning of subsection 66(15) of the Income Tax Act (Canada).

The CEE portion of the financing consists of a public offering of 215,000 flow-through shares at a price of C$32.95 per share. The CDE portion of the financing consists of a public offering of 350,000 flow-through shares at a price of C$28.95 per share and 377,000 flow-through shares at a price of C$29.25 per share. The offering was led by Cantor Fitzgerald Canada Corporation and PearTree Canada structured the flow-through donation placement.

Fasken advised Cantor Fitzgerald Canada Corporation in connection with the offering with a team comprised of Alex Nikolic, Victoria Zed, Barbara Clark and Peter Garrett.

Jurisdictions

  • Canada
  • United States

Team

  • Alex Nikolic, Partner | Mergers & Acquisitions, Toronto, ON, +1 416 865 4420, [email protected]
  • Victoria Zed, Associate | Corporate/Commercial, Toronto, ON, +1 416 865 4384, [email protected]
  • Barbara Clark, Associate | Corporate/Commercial, Toronto, ON, +1 416 868 3412, [email protected]
  • Peter Garrett, MBA, Associate | Capital Markets, Toronto, ON, +1 416 865 5165, [email protected]
Alex Nikolic Toronto Lawyer Alex Nikolic Partner | Mergers & Acquisitions Toronto, ON +1 416 865 4420
Victoria Zed Toronto Lawyer Victoria Zed Associate | Corporate/Commercial Toronto, ON +1 416 865 4384
Barbara Clark Toronto Lawyer Barbara Clark Associate | Corporate/Commercial Toronto, ON +1 416 868 3412
Peter Garrett Toronto Student Peter Garrett, MBA Associate | Capital Markets Toronto, ON +1 416 865 5165