Cadillac Mines Corporation closes C$440 million IPO

Goodmans LLP acted as Canadian legal counsel to Cadillac Mines Corporation in connection with its C$440 million initial public offering of common shares and special flow-through shares, and its concurrent C$60 million private placement.  

The upsized IPO consisted of 55,081,700 common shares of Cadillac Mines at C$6.90 per share and 6,300,000 special flow-through shares at C$9.52 per share.  

Cadillac Mines also completed a concurrent private placement treasury offering of 8,696,000 common shares at C$6.90 per share to Agnico Eagle Mines Limited for gross proceeds of approximately C$60 million.

Cadillac Mines (formerly Gold Candle) is a Canadian mineral exploration company advancing a growing portfolio of gold and critical mineral projects along the prolific Cadillac-Larder Lake Break in Ontario and Québec.