TransactionsSulliden Gold Corporation Completes $15 Million FinancingPublished: 06/07/2010 By Andre Boivin, Andrew M. Reback, John P. Vettese On April 30, 2010, Sulliden Gold Corporation Ltd. completed a public offering of 23,100,000 Units at a price of $0.65 per Unit for aggregate gross proceeds of $15,015,000. Each Unit is comprised of one common share of the Sulliden and one-half of one common share purchase warrant, with each whole warrant entitling the holder thereof to acquire one common share of Sulliden at a price of $1.00 until 5:00 p.m. (Toronto time) on October 6, 2012 (subject to earlier expiry in accordance with their terms). The Units were sold pursuant to an underwriting agreement with a syndicate of underwriters led by Wellington West Capital Markets Inc. and including Cormark Securities Inc., BMO Capital Markets, GMP Securities L.P., Macquarie Capital Markets Canada Ltd. and Fraser Mackenzie Limited. Cassels Brock acted for Sulliden Gold Corporation Ltd. with a team that included John Vettese (Securities and Mining), André Boivin (Securities and Mining), Andrew Reback (Tax) and Christine Gallo (Securities). |