Metalla and Coeur close US$20.7 million secondary bought deal offering of common shares of Metalla including full exercise of over-allotment option

30 June 2020

On June 30, 2020, Metalla Royalty & Streaming Ltd. (TSXV: MTA) (NYSE American: MTA) ("Metalla") and Coeur Mining, Inc. (NYSE: CDE) ("Coeur")  announced that they had closed a public offering of common shares of Metalla currently held by Coeur for gross proceeds to Coeur of US$20,723,000 (the "secondary offering"), including common shares as a result of the full exercise of the over-allotment option.

PI Financial Corp., Haywood Securities Inc. and Cantor Fitzgerald Canada Corporation acted as co-lead underwriters for the secondary offering for a syndicate of underwriters including BMO Nesbitt Burns Inc. and Cormark Securities Inc.

Gowling WLG advised Metalla with respect to this transaction with a team that included Denis Silva, Tara Amiri, Jill Dunn and Sharagim Habibi.

NOT LEGAL ADVICE. Information made available on this website in any form is for information purposes only. It is not, and should not be taken as, legal advice. You should not rely on, or take or fail to take any action based upon this information. Never disregard professional legal advice or delay in seeking legal advice because of something you have read on this website. Gowling WLG professionals will be pleased to discuss resolutions to specific legal concerns you may have.

Related   Mining, Capital Markets