Skip to main content
Client Work

Ccori Apu on its strategic equity investment of $45MM in Ascot Resources Premier Gold Project

Reading Time 1 minute read Subscribe



Ccori Apu S.A.C

Ascot Resources Ltd. (TSX: AOT; OTCQX: AOTVF) (“Ascot” or the “Company”) is pleased to announce the Company has completed final documentation for a total of approximately C$200 million in project financing for the construction of the Premier Gold Project (“PGP” or the “project”), located on Nisga’a Nation Treaty Lands in the prolific Golden Triangle of northwestern British Columbia.

As announced in the News Release dated December 12, 2022, the finance package includes a strategic equity investment (the “Strategic Investment”) by Ccori Apu S.A.C (“Ccori Apu”) of C$45 million, a portion of which will be structured as Canadian Development Expenditures flow-through shares (“CDE flow-through”), such that the total gross proceeds to the Company are C$50 million.

The team was led by Paul Fornazzari (Corporate Finance & Securities) and included Martin Ferreira Pinho (Corporate Finance & Securities), Samantha Alfonzo (Banking & Finance), Samuel Rickett (Litigation and Dispute Resolution), and Amina Juma (Corporate  Finance & Securities).


  • British Columbia



    Receive email updates from our team