Red Back Mining Closes $165M Public Offering

Red Back Mining Inc. completed a bought deal public offering on February 12, 2009 of 22,000,000 common shares at a price of $7.50 per share for gross proceeds of $165 million. Red Back owns and operates the Chirano Gold Mine in Ghana and the Tasiast Gold Mine in Mauritania.

Red Back was represented by Blake, Cassels & Graydon LLP with a team of Peter J. O'Callaghan, Trisha Robertson and Maninder Malli and by US counsel, Skadden, Arps, Slate, Meagher & Flom LLP with a team of Riccardo Leofanti and Ryan Dzierniejko.

The underwriters, co-led by Cormark Securities Inc., BMO Capital Markets, GMP Securities L.P. and Scotia Capital Inc., were represented by Cassels Brock & Blackwell LLP with a team that included John Vettese, Chad Accursi, and Jay King (securities) and Christopher Norton (tax).


Trisha L. Robertson Peter J. O'Callaghan Chad Accursi Maninder Malli John P. Vettese Christopher B. Norton Jay King Riccardo Leofanti


Blake, Cassels & Graydon LLP Skadden, Arps, Slate, Meagher & Flom LLP Cassels Brock & Blackwell LLP