On July 2, 2023, Trigon Metals Inc. completed a brokered private placement offering of 25,000,000 units at a price of C$0.20 per unit for aggregate gross proceeds of C$5,000,000. The offering was completed pursuant to the Listed Issuer Financing Exemption under National Instrument 45-106 – Prospectus Exemptions. Each unit comprised of one common share in the capital of Trigon Metals and one-half of one common share purchase warrant. Each full warrant entitles the holder to purchase one common share at an exercise price of C$0.30 per common share for a period of 36 months.
The offering was led by Beacon Securities Limited, as lead agent, on behalf of a syndicate of agents that included Echelon Wealth Partners Inc.
Fasken advised Beacon Securities Limited in connection with the offering with a team comprised of John Sabetti, Chelsea Young and Alexis Shamess.
Jurisdiction
- Ontario
