Filo Mining closes $15.3 million offering

February 28, 2018

On February 28, 2018, Filo Mining Corp. (TSXV: FIL) (OMX: FIL) announced that that it had closed its previously announced bought deal financing, having issued 5,894,231 common shares, including 124,231 shares issued on partial exercise of the over-allotment option, for aggregate gross proceeds of approximately $15.3 million.

The offering was made through a syndicate of underwriters led by Haywood Securities Inc. and included GMP Securities L.P., Echelon Wealth Partners Inc., Pareto Securities AS, Canaccord Genuity Corp. and Cormark Securities Inc.

Filo Mining’s flagship project is its 100% controlled Filo del Sol Project located on the border between San Juan Province, Argentina and Region III, Chile.

Miller Thomson advised the underwriters in this transaction with a team that included Peter McArthur, Kevin Sorochan and Erika Lai.