Gowling WLG advises Sabina Gold & Silver Corp. on $32-million bought deal financing

20 May 2016

On May 20, 2016, Sabina Gold & Silver Corp. completed its bought deal public offering comprised of the sale of 19,790,750 common shares of the company at a price of $1.63 per share for gross proceeds of $32,258,922.50 (including the partial exercise of an over-allotment option).

The financing was underwritten by a syndicate of underwriters led by BMO Capital Markets and including Canaccord Genuity Corp. and Cormark Securities Inc. as co-lead underwriters, and RBC Dominion Securities Inc., Dundee Securities Ltd., Haywood Securities Inc., National Bank Financial Inc. and Paradigm Capital Inc.

Sabina Gold & Silver is an emerging precious metals company with an 100%-owned Back River Gold project located in Nunavut, Canada.

Gowling WLG advised Sabina in this transaction with a team led by Brett Kagetsu that included Brent Kerr, Cyndi Laval, Jeffrey Dyck, Bryce Kraeker, Denis Silva, Raymond Ong, Maya Stano and paralegal Toni Vodola.


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