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Cassels Brock Represents the Underwriters in IsoEnergy's $5.5 Million Private Placement

Published: 12/20/2018

Team: Chad Accursi, Kyle Simpson, Florence Lau, Christopher B. Norton

On December 20, 2018, IsoEnergy Ltd. completed a bought deal private placement for total gross proceeds of $5.5 million. IsoEnergy issued 9,173,200 flow-through shares at a price of $0.44 per flow-through share for aggregate gross proceeds of $4 million, and 3,999,600 non flow-through common shares at a price of $0.38 per common share for gross proceeds of approximately $1.5 million. 

The offering was completed by a syndicate of underwriters lead by Cormark Securities Inc., and including PI Financial Corp.

Cassels Brock acted for the underwriters with a deal team composed of Chad Accursi, Kyle Simpson and Florence Lau (Securities and Mining) and Chris Norton (Tax).