Skip to main content

PLEASE NOTE: For everyone’s safety, Fasken recommends anyone on-site at our Canadian offices be familiar with the COVID-19 recommendations in place which may include one or more of the following: social distancing, hand sanitizing, wearing a mask in common areas and proof of full vaccination. These measures apply to lawyers, staff, clients, service providers and other visitors.

Client Work

Rubicon Minerals closes bought deal financing for US$11.3 million

Fasken
Reading Time 1 minute read Subscribe

Overview

Client

TD Securities Inc.

On April 12, 2006, Rubicon Minerals Corporation closed its brokered private placement, raising gross proceeds of $11,308,028 through the sale of 7,640,560 common shares at $1.48 per share. TD Securities Inc. and Blackmont Capital Inc. acted as underwriters. The net proceeds of the offering will be used by Rubicon to finance the exploration of the Red Lake gold camp and for general working capital purposes, including costs related to its proposed Plan of Arrangement. Fasken Martineau advised TD Securities in this financing with a team that included Blair Horn, Darrell Podowski and Sarah Mamoser.

Team

    Subscribe

    Receive email updates from our team

    Subscribe