GoGold Resources closes $65 million bought deal offering

Company

GoGold Resources Inc.

Bank

BMO Capital Markets

Law Firm / Organization
Borden Ladner Gervais LLP (BLG)

Company

Desjardins Securities Inc.

Law Firm / Organization
Borden Ladner Gervais LLP (BLG)

Company

PI Financial Corp.

Law Firm / Organization
Borden Ladner Gervais LLP (BLG)

Company

Echelon Wealth Partners Inc.

Law Firm / Organization
Borden Ladner Gervais LLP (BLG)

Company

Eight Capital

Law Firm / Organization
Borden Ladner Gervais LLP (BLG)

Company

Sprott Capital Partners LP

Law Firm / Organization
Borden Ladner Gervais LLP (BLG)

On February 8, 2023, GoGold Resources Inc., a Canadian silver and gold producer, completed its bought deal short form prospectus offering, raising gross proceeds of C$65,025,000. The offering involved the sale of 28,900,000 common shares at C$2.25 per share. The underwriters, led by BMO Capital Markets, included Desjardins Securities Inc., PI Financial Corp., Echelon Wealth Partners Inc., Eight Capital, and Sprott Capital Partners LP. They held an option to purchase up to an additional 4,335,000 shares, exercisable until March 10, 2023.

Fasken advised GoGold Resources with a team led by Alex Nikolic, alongside Bradley Freelan, Payton Holliss, Onyi Ubah, and Taylor West. Borden Ladner Gervais LLP (BLG) advised the underwriters.

Public/Private Offering
Mining
$ 65,025,000
Closed
08 February 2023