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

Dynasty Metals & Mining completes US$15 million equity financing

Fasken
Reading Time 1 minute read Subscribe

Overview

Client

Dynasty Metals & Mining

On April 1, 2010, Dynasty Metals & Mining Inc. (TSX: DMM) announced that it had closed its previously-announced underwritten private placement offering of 3,750,000 units of the company at a price of $4.00 per unit for gross proceeds of $15 million. Each unit consists of one common share and one-half of one common share purchase warrant, each whole warrant exercisable at a price of $5.00 per share for a period of 12 months from the closing date. The offering was underwritten by Cormark Securities Inc. and Canaccord Financial Ltd.Dynasty is a Canadian based mining company involved in the exploration and development of mineral properties in Ecuador.Dynasty was advised in this transaction by Fasken Martineau with a team that included Susan McLeod, Benjamin Lee and Samuel Li, assisted by paralegal Chin Yen Lee.

Team

    Subscribe

    Receive email updates from our team

    Subscribe