May 8, 2017
On May 8, 2017, Nexco Resources Inc. (CSE: NXU) announced that it had completed its initial public offering of common shares for aggregate gross proceeds of $480,000, pursuant to its final prospectus dated February 14, 2017. Canaccord Genuity Corp. acted as Nexco’s exclusive agent in respect of the offering.
The gross proceeds from the offering will be directed primarily to exploring Nexco’s Berger-Golden Eagle Mineral property located in Scotch Creek, British Columbia which is held under an option to purchase agreement from Barrie Field-Dyte.
Miller Thomson advised Canaccord Genuity in this transaction with a team that included Peter McArthur and Erika Lai.