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Nomad Royalty Company Ltd. Closes a $25 million Secondary Offering of Common Shares by Yamana Gold Inc.

Fasken
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Client

Nomad Royalty Company Ltd.

On December 11, 2020, Nomad closed the secondary offering by Yamana Gold Inc. (“Yamana”) of 22,750,000 common shares of Nomad at a price of CDN $1.10 per share for total gross proceeds of CDN $25,025,000 to Yamana (the “Offering”). Nomad did not receive any proceeds from the Offering.

Cormark Securities Inc. and Scotia Capital Inc. acted as co-lead underwriters and joint bookrunners for the Offering, together with a syndicate of underwriters including BMO Nesbitt Burns Inc., CIBC World Markets Inc., Haywood Securities Inc., RBC Dominion Securities Inc., Canaccord Genuity Corp., Desjardins Securities Inc., Industrial Alliance Securities Inc., PI Financial Corp., Raymond James Ltd., Stifel GMP and Velocity Trade Capital Ltd.

Fasken, with a team comprised of Sébastien Bellefleur, Jean-Pierre Chamberland and Oleg Stratiev, acted as legal counsel to Nomad in connection with the Offering.

Jurisdiction

  • Quebec

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