​Klondex Mines Ltd. closes C$16.1 million bought deal financing

Date closed: 7/30/2014

Value: C$16.1 million

On July 30, 2014, Klondex Mines Ltd. completed a bought deal public offering of 8,050,000 common shares at a price of $2.00 per common share for aggregate gross proceeds of C$16.1 million, which included the exercise in full of the underwriters' over-allotment option.

The syndicate of underwriters was led by GMP Securities L.P. and included RBC Dominion Securities Inc., M Partners Inc., Industrial Alliance Securities Inc., Dundee Securities Ltd. and Mackie Research Capital Corporation.

BLG acted as counsel for the underwriters, with a team led by Andrew Powers that included Liz Ng, Linda Tu and Daniel Lang.