TransactionsCassels Brock Acts for Elgin Mining Inc. In Its $9 Million Flow-Through Private PlacementPublished: 11/30/2011 By Philip Long, Alexander Pizale, Michael Platt Elgin Mining Inc. ("Elgin") announced on November 29, 2011, that it completed its private placement of 6,428,571 flow-through common shares ("Flow-Through Share"). The shares were sold at a price of $1.40 per Flow-Through Share for aggregate gross proceeds of $9 million (the "Offering"). Dundee Securities Ltd., Primary Capital Inc. and Raymond James Ltd. acted as agents for and on behalf of Elgin, with respect to the Offering. Cassels Brock acted as counsel to Elgin with a team that included Alexander Pizale (Securities and Mining), Phillip Long (Securities) and Michael Platt (Business). |