Talon Metals’ $34.5 Bought Deal Public Offering

Cassels acted for Talon Metals on the offering.

On March 18, 2021, Talon Metals Corp. completed a bought deal public offering of 57,500,000 units at a price of $0.60 per unit for gross proceeds of $34.5 million, which includes the full exercise of the underwriters’ over-allotment option. Each unit consists of one common share and one-half of a common share purchase warrant of Talon Metals. Each warrant entitles the holder to acquire one common share at a price of $0.80 until March 18, 2022.

Talon Metals Corp. is a a mineral exploration company.

Cassels acted with a deal team that included Chad Accursi (Picture), Kyle Simpson, Jasmine Qin and Shannon Scrocchi (Securities and Mining) and Chris Norton and Tera Li Parizeau (Tax).

 

Involved fees earner: Chad Accursi – Cassels Brock & Blackwell LLP; Christopher Norton – Cassels Brock & Blackwell LLP; Tera Li Parizeau – Cassels Brock & Blackwell LLP; Jasmine Qin – Cassels Brock & Blackwell LLP; Shannon Scrocchi – Cassels Brock & Blackwell LLP; Kyle Simpson – Cassels Brock & Blackwell LLP;

Law Firms: Cassels Brock & Blackwell LLP;

Clients: Talon Metals Corp;

Author: Martina Bellini