On April 22, 2025, Allied Gold Corporation closed a bought deal public offering of 15,000,000 common shares at a price of $5.35 per common share for aggregate gross proceeds of approximately $80 million.
The offering was conducted by a syndicate of underwriters co-led by Canaccord Genuity Corp. and National Bank Financial Inc., and included CIBC World Markets Inc., Cormark Securities Inc. and Stifel Nicolaus Canada Inc.
Cassels Brock & Blackwell LLP acted as Canadian counsel to Allied Gold Corporation with a deal team that included Mark Bennett, Andrea FitzGerald, Joel Matson, Camély Gendron (Securities and Mining), Zahra Nurmohamed, Tera Li Parizeau (Tax & Trusts), Kimberly Dodson and Eni Silva (Law Clerks).
Blake, Cassels & Graydon LLP acted as counsel to the underwriters.