Matador Mining Limited Completes A$5 Million Private Placement OfferingJuly 20, 2022
Matador Mining Limited (ASX: MZZ) has completed a private placement offering of a combination of “hard dollar” and “flow-through” shares for aggregate gross proceeds of approximately A$5,000,000. The offering was led by Shaw and Partners Limited and Desjardins Securities Inc. as joint lead managers. Bank of Montreal acted as co-manager.
Matador is a gold exploration company with tenure covering 120 kilometres of continuous strike along the highly prospective, yet largely under-explored Cape Ray Shear in Newfoundland, Canada. In November 2021 Matador was the recipient of the CIM NL Prospector/Explorer of the Year award.
Wildeboer Dellelce LLP acted as Canadian legal counsel to the joint lead managers in connection with the offering with a team comprised of Michael Rennie and Carlye Bellavia (corporate/securities) and Marija Tasevska (tax).