Trillium Gold Mines Inc. Completes $12.95 Million Private PlacementOctober 02, 2020
Trillium Gold Mines Inc. (TSXV: TGM), a British Columbia based company engaged in the business of acquisition, exploration and development of mineral properties located in the highly prospective Red Lake Mining District of Northern Ontario, has completed a brokered private placement of: (i) 2,263,000 conventional units at a price of $1.70 per unit; (ii) 1,631,600 common shares, each of which qualifies as a “flow-through share”, at a price of $1.90 per flow-though share; and (iii) 2,479,400 “flow-through” units at a price of $2.42 per flow-through unit, for aggregate gross proceeds of $12,947,288.
The private placement was led by Eight Capital, as lead agent, along with Echelon Wealth Partners.
Wildeboer Dellelce LLP acted for the agents in connection with the private placement with a team comprised of Perry Dellelce, Al Wiens, Carlye Bellavia and Jessica Coco (corporate/securities) and Katy Pitch and John Kutkevicius (tax).
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