Chesapeake Gold Corp. Completes $17 Million Bought Deal Public Offering
Chesapeake Gold Corp. (TSXV: CKG) has completed a bought deal public offering of 4,107,225 units for gross proceeds of $17,250,345. Each unit included one common share and one-half of one common share purchase warrant, with each whole warrant exercisable at a price of $5.65 until January 27, 2029.
The offering was conducted by Red Cloud Securities Inc., as lead underwriter and joint bookrunner, on behalf of a syndicate which included Cantor Fitzgerald Canada Corporation as joint bookrunner.
Chesapeake Gold Corp. is a Canadian exploration and evaluation stage mining company focused on the exploration and development of precious metal deposits in North and Central America, and is also developing a proprietary precious metal oxidation process intended to derisk and unlock value at its flagship Metates gold silver project in Durango, Mexico.
Wildeboer Dellelce LLP acted for the underwriters with a team comprising Jeff Hergott, Natalie Tershakowec, Brett Varrin and Jordan Stewart-Kuppek (Corporate/Securities).
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