Bear Creek Mining closes $16.6 million bought deal financing

February 18, 2020

On February 18, 2020, Bear Creek Mining Corporation (“Bear Creek”) (TSXV:BCM, BVL:BCM) completed a bought deal shelf prospectus financing (“Offering”), issuing a total of 7,145,000 common shares at a price of Can$2.10 per common share for gross proceeds of $15 million. By adding the proceeds from the exercise of the over-allotment option, the total gross proceeds of the Offering were Can$16.6 million with a total of 7,905,000 common shares issued.

Bear Creek is a leading Peru-focused silver exploration and development company headquartered in Vancouver, Canada.

Miller Thomson advised Bear Creek with a team led by Lucy Schilling (Capital Markets & Securities) and comprised of Elizabeth Holden and Gregory Smith (Capital Markets & Securities) and Lesley Kim (Corporate Tax).