DLA Piper Canada advised Adventus Mining on $35 million bought deal prospectus offering

On August 14, 2020 Adventus Mining Corporation (“Adventus”) (TSX-V: ADZN) announced it had completed a bought deal prospectus offering of $35 million. Raymond James Ltd., Haywood Securities Inc., and National Bank Financial Inc. acted as co-lead underwriters of the Offering, with participation by Cormark Securities Inc., BMO Capital Markets Inc., Eight Capital, and Laurentian Bank Securities Inc. DLA Piper Canada was pleased to have advised Adventus on this transaction.

As a copper-gold exploration and development company focused primarily in Ecuador, Adventus is leading the exploration and engineering advancement of the Curipamba copper-gold project as part of an earn-in agreement to obtain a 75% ownership interest. The net proceeds of the Offering will be used to fund exploration and development activities at the Curipamba project, including the completion of a feasibility study for the El Domo copper-gold deposit and exploration activities at the Pijili and Santiago projects.

The press release can be found here.