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Cassels Brock Acts for the Underwriters as Corsa Coal Corp. Completes Its $22.2 Million Private Placement

Published: 12/21/2011

By Gregory Hogan, Philip Long, Sarah McKinnon

On December 15, 2011 Corsa Coal Corp. announced the completion of its private placement of 44,341,666 common shares for aggregate gross proceeds of $22,170,883, including common shares issued pursuant to the exercise of an option granted to the syndicate of underwriters.

The syndicate of underwriters was led by GMP Securities L.P. and included Dundee Securities Ltd., Haywood Securities Inc. and Cormark Securities Inc. (collectively, the "Underwriters").

The Underwriters were represented by Cassels Brock with a team that included Greg Hogan (Securities & Mining), Philip Long (Securities) and Sarah McKinnon (Student).