Thesis Gold Announces Upsize of Bought Deal Private Placement to C$24 Million
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jun 12 2025
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Should l Buy ?
Source: Newsfilter
Offering Increase: Thesis Gold has increased its underwritten offering from C$20 million to C$24 million due to investor demand, with Scotia Capital Inc. acting as the sole bookrunner and Clarus Securities Inc. as co-lead underwriter.
Use of Proceeds: The gross proceeds will be allocated to eligible Canadian exploration expenses related to the Lawyers Ranch project in British Columbia, with the offering expected to close by July 3, 2025, subject to TSXV approval.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
