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Nova Royalty Completed C$14.4 Million Financing with Syndicate Led by PI Financial

Fasken
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Overview

Client

PI Financial Corp.

On November 20, 2020, Nova Royalty Corp. closed a public offering of 9,947,500 common shares at a price of C$1.45 per common share for gross proceeds of approximately $14.4 million, which included the full exercise of the agents' over-allotment option. The common shares were offered and sold on a "best efforts" basis through a syndicate of agents led by PI Financial Corp. 

Fasken represented the Agents with a team that included Brad Freelan, Myroslav Chwaluk, Allison Marks, Arie van Wijngaarden, and Nazish Mirza.
 

Team

  • Bradley A. Freelan, Partner | Mergers & Acquisitions, Toronto, ON, +1 416 865 4423, bfreelan@fasken.com
  • Nazish Mirza, Associate | Capital Markets, Mergers & Acquisitions, Toronto, ON, +1 416 865 4553, nmirza@fasken.com
  • Myroslav Chwaluk, Partner | Mergers & Acquisitions, Toronto, ON, +1 416 868 3413, mchwaluk@fasken.com
  • Allison Marks, Partner | Mergers & Acquisitions, Toronto, ON, +1 416 868 7525, amarks@fasken.com