TransactionsCassels Brock Acts for the Agent as Queenston Mining Inc. Raises $25 Million Through the Sale of Flow-Through Common SharesPublished: 09/29/2011 By Chad Aboud, Nancy Choi, Jay Goldman, Christopher B. Norton Queenston Mining Inc. (“Queenston”) announced, on September 27th, 2011, that it has completed its previously announced private placement financing of 3,333,333 flow-through common shares at a price of $7.50 per share for aggregate gross proceeds of approximately $25 million, which included the exercise in full of the over-allotment option. Primary Capital Inc. acted as the agent in connection with the financing and was paid a cash commission equal to 6% of the gross proceeds. Dundee Securities Ltd., Stifel Nicolaus Canada Inc., Stonecap Securities Inc. and Cormark Securities Inc. were members of the selling group. Cassels Brock acted for the agent, Primary Capital Inc, with a team that consisted of Jay Goldman (Securities & Mining), Nancy Choi (Securities & Mining), Chad Aboud (Securities) and Christopher Norton (Corporate Tax). BLG acted for Queenston Mining Inc. |