ARTICLE
27 May 2020

Mawson Resources Closes Oversubscribed $17 Million Public Offering Of Units

GW
Gowling WLG

Contributor

Gowling WLG is an international law firm built on the belief that the best way to serve clients is to be in tune with their world, aligned with their opportunity and ambitious for their success. Our 1,400+ legal professionals and support teams apply in-depth sector expertise to understand and support our clients’ businesses.
Mawson has distinguished itself as a leading Nordic Arctic exploration company with a focus on the flagship Rajapalot gold-cobalt project in Finland.
Canada Corporate/Commercial Law

On May 20, 2020, Mawson Resources Limited (TSX: MAW) (Frankfurt: MXR) (PINKSHEETS: MWSNF) announced that it had closed its previously announced public offering of units to raise gross proceeds of $17,000,200. Red Cloud Securities Inc. and Sprott Capital Partners LP acted as the co-lead agents for the offering.

Mawson is a gold exploration and development company. Mawson has distinguished itself as a leading Nordic Arctic exploration company with a focus on the flagship Rajapalot gold-cobalt project in Finland. The recent acquisition in the Victorian goldfields of Australia provides the company with a strategic and diversified portfolio of high-quality gold exploration assets in two tier one and safe jurisdictions.

Gowling WLG advised Mawson with respect to this offering with a team that included Cyndi Laval, Tara Amiri and Jason Mullins (corporate) and Brent Kerr and Anita Yuk (tax), assisted by student-at-law Drew Hubka.

Read the original article on GowlingWLG.com.

Originally published 20 May 2020

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