On June 28, 2021 Trillium Gold Mines Inc. ("Trillium" or the "Company"), a growth based company engaged in the business of acquisition, exploration and development of mineral properties, closed its previously announced private placement offering of 5,000,000 units in the Company (the "Units") at a price of C$1.00 per Unit, for gross aggregate proceeds of C$5,000,000. The Offering was led by Red Cloud Securities Inc. as lead agent.
The Company intends to use the net proceeds from the Offering to advance its Red Lake properties as well as for general working capital purposes
Fasken advised Trillium in completing this transaction with a team comprised of Krisztián Tóth (Lead - Corporate Finance and Securities), Matthew Bennet and Nazish Mirza (Corporate Finance and Securities).Jurisdiction
- Ontario
