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03 August 2016
On August 3, 2016, Copper Mountain Mining Corporation (“Copper Mountain”) completed a bought deal offering (the “Offering”) of units (the “Units”). Each Unit entitles the holder to one common share of Copper Mountain and one-half of one common share purchase warrant of Copper Mountain. The Offering raised gross proceeds of approximately $7.475 million through the issuance of 13,593,000 Units, which included 1,773,000 Units issued as a result of the underwriter electing to exercise the over-allotment in full. The Offering was underwritten by Haywood Securities Inc.
For the Offering, Copper Mountain was represented by Farris, with a team led by Elizabeth Harrison, Q.C. that included Denise Nawata and Sean Galloway.
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