Rye Patch Gold Closes $10 Million Bought Deal Offering
June 29, 2017
On June 29, 2017, Rye Patch Gold Corp. (“Rye Patch”) completed a prospectus offering of 38,470,000 common shares at a price of $0.26 per share for gross proceeds of $10,002,200. The offering was made on a bought deal basis and was led by PI Financial Corp. with Canaccord Genuity Corp. and Industrial Alliance Securities Inc. as syndicate members.
Fasken Martineau advised the underwriters with a team that was led by Bradley Freelan and that included Jesse Bertollo and Markus Liik.