On September 16, 2009, Thompson Creek Metals Company Inc. closed its bought deal equity financing for aggregate gross proceeds of $217,000,000. A syndicate of underwriters, led by UBS Securities Canada Inc. and including GMP Securities L.P., BMO Nesbitt Burns Inc., Credit Suisse Securities (Canada), Inc., Desjardins Securities Inc., Deutsche Bank Securities Limited and Scotia Capital Inc., purchased 15,500,000 common shares of the company at a price of $14 per share. The underwriters have an option, exercisable in whole or in part at any time up to 30 days after the closing of the offering, to purchase up to an additional 2,325,000 common shares. In the event that the option is exercised in its entirety, the additional gross proceeds would be $32,550,000.
Cassels Brock & Blackwell LLP acted for Thompson Creek Metals with a team that included Mark Bennett and Jennifer Traub (securities and mining).
Neville McClure from Stikeman Elliott LLP in Vancouver represented the underwriters.