Lion One Metals Limited

Lion One Metals Limited in its bought deal offering with Eight Capital and Canaccord Genuity Corp.

Client

Lion One Metals Limited

Value

$13.36 million

Service

Capital Markets

Date Closed

September 2022

Industry

Mining and Natural Resources

Lead Office

Vancouver

 

On September 28, 2022, Lion One Metals Limited closed its previously announced bought deal offering of units with Eight Capital and Canaccord Genuity Corp. (including units issued pursuant to Eight Capital and Canaccord Genuity Corp.'s partial exercise of the over-allotment option granted to the Underwriters) for gross proceeds of approximately $13.36 million. The net proceeds from the Offering will be used for exploration and development of the Company's Tuvatu Gold Project.  

Lion One Metals Limited is a Canadian development and exploration company.

Osler, Hoskin & Harcourt LLP advised Lion One Metals Limited with a team consisting of Alan Hutchison, Patrick Sullivan, Lauren Sutherland (Corporate), Timothy Hughes and James Chang (Tax).