Pasofino Gold Limited’s $9 Million Public Offering

Cassels acted for Stifel GMP. Fasken Martineau DuMoulin LLP advised Pasofino Gold Limited.

On May 6, 2021, Pasofino Gold Limited completed a public offering of 128,571,500 common shares at a price of $0.07 per common share for aggregate gross proceeds of approximately $9 million.

The offering was conducted on a best efforts agency basis by Stifel GMP as sole agent and bookrunner.

Pasofino Gold Limited  is developing gold projects in West Africa and Canada.

The Cassels’ team comprised of Jay Goldman (Picture), Nancy Choi, Jasmine Qin, Aamir Chherawala, Christopher Norton, Eni Silva and Olivia Ells.

The Fasken team comprised of Allison Marks, Krisztian Toth and Alec McIlwraith-Black.

Involved fees earner: Aamir Chherawala – Cassels Brock & Blackwell LLP; Nancy Choi – Cassels Brock & Blackwell LLP; Jay Goldman – Cassels Brock & Blackwell LLP; Christopher Norton – Cassels Brock & Blackwell LLP; Jasmine Qin – Cassels Brock & Blackwell LLP; Allison Marks – Fasken Martineau; Krisztián Tóth – Fasken Martineau;

Law Firms: Cassels Brock & Blackwell LLP; Fasken Martineau;

Clients: Pasofino Gold Limited ; Stifel GMP;

Author: Martina Bellini