Detour Gold completed a bought deal offering in Canada and the US of 18,653,000 common shares at a price of $9.25 per common share for aggregate gross proceeds of approximately $172.5 million.
The purchased shares included 2,433,000 common shares made available for issuance pursuant to the exercise of an over-allotment option granted to the syndicate of underwriters which was led by BMO Capital Markets and RBC Capital Markets, and which included CIBC World Markets Inc., TD Securities Inc., National Bank Financial Inc., Raymond James Ltd., Credit Suisse Securities (Canada), Inc., Haywood Securities Inc., Scotia Capital Inc., Beacon Securities Limited, Cormark Securities Inc., Desjardins Securities Inc., GMP Securities L.P., Laurentian Bank Securities Inc., Macquarie Capital Markets Canada Ltd., and Paradigm Capital Inc. The offering was conducted as a prospectus offering in Canada and a private placement in the US.
Detour Gold was represented in-house by Julie Galloway, Senior Vice President, General Counsel and Corporate Secretary, and by McMillan LLP with a team including Hellen Siwanowicz, David Mendicino and Sandra Zhao (corporate and Canadian securities); Herb Ono (US securities), Matt German (real estate) and Carl Irvine (tax).
The syndicate of underwriters was represented in Canada by Norton Rose Fulbright Canada LLP with a team including Robert Mason (corporate finance and securities) and Barry Segal (tax); and in the US by Dorsey & Whitney LLP's Ken Sam.
The purchased shares included 2,433,000 common shares made available for issuance pursuant to the exercise of an over-allotment option granted to the syndicate of underwriters which was led by BMO Capital Markets and RBC Capital Markets, and which included CIBC World Markets Inc., TD Securities Inc., National Bank Financial Inc., Raymond James Ltd., Credit Suisse Securities (Canada), Inc., Haywood Securities Inc., Scotia Capital Inc., Beacon Securities Limited, Cormark Securities Inc., Desjardins Securities Inc., GMP Securities L.P., Laurentian Bank Securities Inc., Macquarie Capital Markets Canada Ltd., and Paradigm Capital Inc. The offering was conducted as a prospectus offering in Canada and a private placement in the US.
Detour Gold was represented in-house by Julie Galloway, Senior Vice President, General Counsel and Corporate Secretary, and by McMillan LLP with a team including Hellen Siwanowicz, David Mendicino and Sandra Zhao (corporate and Canadian securities); Herb Ono (US securities), Matt German (real estate) and Carl Irvine (tax).
The syndicate of underwriters was represented in Canada by Norton Rose Fulbright Canada LLP with a team including Robert Mason (corporate finance and securities) and Barry Segal (tax); and in the US by Dorsey & Whitney LLP's Ken Sam.
Lawyer(s)
Carl Irvine
Herbert I. Ono
Julie I. Galloway
Sandra Zhao
Hellen Siwanowicz
Robert K. Mason
Matthew German
David Mendicino
Barry N. Segal