Denarius Silver Corp.’s $33.75 Million Non-Brokered Private Placement

Cassels acted for Denarius.

Denarius Silver Corp. completed an offering of 75,000,000 subscription receipts at a price of $0.45 per receipt for aggregate gross proceeds of $33.75 million. 

The proceeds from the offering were utilized to complete the acquisition of Transcontinental Gold Mines Pty Ltd., and will provide further capital for the exploration and development of the Lomero Project.

Denarius Silver (TSXV: DSLV)  is a Canadian junior silver exploration company.

The Cassels team comprised of Sam Cole (Picture), Jennifer Poirier, Stefan Politano and Eni Silva.

Involved fees earner: Sam Cole – Cassels Brock & Blackwell LLP; Jennifer Poirier – Cassels Brock & Blackwell LLP; Stefan Politano – Cassels Brock & Blackwell LLP;

Law Firms: Cassels Brock & Blackwell LLP;

Clients: Denarius Silver Corp.;

Print Friendly, PDF & Email
Martina Bellini

Author: Martina Bellini

Denarius Silver Corp.’s $33.75 Million Non-Brokered Private Placement

Cassels acted for Denarius.

Denarius Silver Corp. completed an offering of 75,000,000 subscription receipts at a price of $0.45 per receipt for aggregate gross proceeds of $33.75 million. 

The proceeds from the offering were utilized to complete the acquisition of Transcontinental Gold Mines Pty Ltd., and will provide further capital for the exploration and development of the Lomero Project.

Denarius Silver (TSXV: DSLV)  is a Canadian junior silver exploration company.

The Cassels team comprised of Sam Cole (Picture), Jennifer Poirier, Stefan Politano and Eni Silva.

Involved fees earner: Sam Cole – Cassels Brock & Blackwell LLP; Jennifer Poirier – Cassels Brock & Blackwell LLP; Stefan Politano – Cassels Brock & Blackwell LLP;

Law Firms: Cassels Brock & Blackwell LLP;

Clients: Denarius Silver Corp.;

Print Friendly, PDF & Email
Martina Bellini

Author: Martina Bellini