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

Detour Gold completes US$282 million bought deal financing

Reading Time 1 minute read Subscribe



BMO Capital Markets, TD Securities and RBC Capital Markets

On July 19, 2010, Detour Gold Corporation (TSX: DGC) completed its previously announced bought deal public offering of common shares. In addition to the 10,500,000 common shares the underwriters initially agreed to purchase, the underwriters, led by BMO Capital Markets, TD Securities Inc. and RBC Capital Markets, purchased 1,250,000 of the 1,575,000 common shares available for issuance pursuant to the exercise of their over-allotment option. In total, 11,750,000 common shares were issued for aggregate gross proceeds of $282 million. Fasken Martineau advised the underwriters on this deal with a team that included Rob Mason, Amanda Fullerton and Michael Shour (securities) and Mitchell Thaw (tax).



    Receive email updates from our team