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Cayden closes C$9 million bought deal financing

Fasken
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Overview

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Confidential Clients

On April 1, 2014, Cayden Resources Inc. (“Cayden”) completed a short form prospectus offering of 5,301,500 common shares of Cayden, which includes 691,500 common shares issued on exercise of the over-allotment option, at an issue price of C$1.70 per share for gross proceeds of C$9,012,550. The offering was made on a bought deal basis through a syndicate of underwriters led by Beacon Securities Limited and including Canaccord Genuity Corp. The underwriters were advised by a team of Fasken Martineau lawyers that included Rubin Rapuch, Brad Freelan, Jessica Catton and Jeff Gebert (Capital Markets).

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