April 24, 2007
Gold Eagle Mines Ltd. (TSX:GEA) completed an offering of common shares for gross proceeds of $80,100,000. The shares were sold on a bought deal basis through a syndicate of underwriters co-led by Orion Securities Inc. and Westwind Partners Inc. and including, BMO Nesbitt Burns Inc., Dundee Securities Corporation and Genuity Capital Markets. Gold Eagle plans to use the proceeds of the offering for the further exploration of its mineral property located in Red Lake, Ontario.
Wildeboer Dellelce LLP acted on behalf of the underwriters in connection with the offering with a team that included Robert Wortzman, James Brown, Geoff Cher and Joanne Sanci(corporate/securities).