Cross River Ventures Corp. completes IPO and listing of common shares on CSE

2 minute read
13 July 2020

On July 13, 2020, Cross River Ventures Corp. (CRVC: CSE) ("Cross River") announced that it had completed its initial public offering ("IPO") of common shares on the Canadian Securities Exchange ("CSE"), which included the full exercise of the over-allotment option, to raise gross proceeds of $460,000. Haywood Securities Inc. acted as Cross River's agent on a commercially reasonable efforts basis in respect of the IPO.

The common shares were listed for trading on the CSE on July 10, 2020 under the symbol “CRVC” and commenced trading on July 14, 2020.

Cross River is a mineral exploration company that is primarily engaged in the acquisition and evaluation of mineral exploration properties. The company owns an option to acquire a 100% undivided interest in the Tahsis Property, an early-stage mineral exploration property located on Northern Vancouver Island, in the Nanaimo Mining Division, British Columbia. 

Gowling WLG advised Cross River with respect to the IPO and listing with a team led by Brett Kagetsu and that included Raymond Ong, Ethan Chang and Sarah Baddeley (corporate/securities) and Brent Kerr (tax), assisted by paralegal Toni Vodola.

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