Mako Mining Announces Closing of C$40.25 Million Bought Deal Private Placement of Common Shares and Concurrent C$15 Million Non-Brokered Private Placement of Common Shares
Counsel to the underwriters in Mako Mining Corp.’s C$40.25 million bought deal and concurrent C$15 million non-brokered private placements of common shares.
Led by
Team Members
On October 28, 2025, Mako Mining Corp. (TSX-V: MKO; OTCQB: MAKOF) (“Mako” or the “Company”) announced that it has closed its previously announced bought deal common share offering, including the full over-allotment option, through Stifel Canada and Cantor Fitzgerald Canada Corporation, as co-lead underwriters (the “Underwriters”), pursuant to which the Company has issued 5,031,250 common shares of the Company for gross proceeds to the Company of C$40,250,000.
Mako Mining Corp. is a publicly listed gold mining, development and exploration company. The Company operates the high-grade San Albino gold mine in Nueva Segovia, Nicaragua, which ranks as one of the highest-grade open pit gold mines globally and offers district-scale exploration potential.
Miller Thomson represented the Underwriters in their Bought Deal Private Placement of $40.25 Million, with a team led by Andrew Powers and Jeffrey Gebert, and comprised of Brandon Meyer, Connor Broude (Capital Markets & Securities), Sean Kim and Kobi Rosoph (Articling Students).