October 22, 2009
Colossus Minerals Inc. (TSX: CSI) completed a public offering of 12,500,000 common shares, at a purchase price of $5.75 per share, for gross proceeds to the company of $71,875,000. The common shares were sold through a syndicate of underwriters led by Macquarie Capital Markets Canada Ltd. and including Thomas Weisel Partners Canada Inc., Canaccord Capital Corporation and GMP Securities L.P. Colossus Minerals Inc. is a minerals development company focused on gold and platinum group metals in Brazil. The company is currently focusing its efforts on the high grade gold-platinum-palladium Serra Pelada project in Para State, Brazil.
Wildeboer Dellelce LLP acted for the underwriters in connection with the offering with a team that included Perry Dellelce, James Brown, Peter Simeon and Irene Kim (corporate/securities) and Andrea Shreeram (tax).