{"id":3807,"date":"2021-04-16T20:21:23","date_gmt":"2021-04-17T00:21:23","guid":{"rendered":"https:\/\/www.millerthomson.com\/deals-cases\/ion-energy-closes-bought-deal-offering-for-5-75-million-including-full-exercise-of-over-allotment-option\/"},"modified":"2026-01-20T18:08:16","modified_gmt":"2026-01-20T23:08:16","slug":"ion-energy-closes-bought-deal-offering-for-5-75-million-including-full-exercise-of-over-allotment-option","status":"publish","type":"deals-cases","link":"https:\/\/www.millerthomson.com\/en\/deals-cases\/ion-energy-closes-bought-deal-offering-for-5-75-million-including-full-exercise-of-over-allotment-option\/","title":{"rendered":"Ion Energy closes bought deal offering for $5.75 million, including full exercise of over-allotment option"},"content":{"rendered":"\n

On April 13, 2021, Ion Energy Ltd. (TSXV:ION; OTCQB:IONGF; FRA:5YB) (\u201cION\u201d or the \u201cCompany\u201d), a mineral exploration company engaged in the business of seeking, identifying and, where warranted, exploring lithium assets in Asia, announced the closing of a bought deal public offering (the \u201cOffering\u201d), pursuant to which ION issued 11,500,000 units (the \u201cUnits\u201d) at a price of $0.50 per Unit for aggregate gross proceeds of $5.75 million, including the full exercise of the over-allotment option.<\/p>\n\n\n\n

Each Unit is comprised of one common share of the Company (a \u201cCommon Share\u201d) and one Common Share purchase warrant of the Company (a \u201cWarrant\u201d). Each Warrant entitles the holder thereof to purchase one additional Common Share at an exercise price of $0.70 for a period of 36 months from the date of issuance.<\/p>\n\n\n\n

The Offering was conducted by a syndicate of underwriters led by PI Financial Corp. and which included Stifel GMP.<\/p>\n\n\n\n

Miller Thomson advised the syndicate of underwriters with a team comprised of Geoff Clarke and Jonathan Tong (Capital Markets & Securities).<\/p>\n","protected":false},"author":1,"template":"","class_list":["post-3807","deals-cases","type-deals-cases","status-publish","hentry"],"acf":[],"yoast_head":"\nIon Energy closes bought deal offering for $5.75 million, including full exercise of over-allotment option | Miller Thomson<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.millerthomson.com\/en\/deals-cases\/ion-energy-closes-bought-deal-offering-for-5-75-million-including-full-exercise-of-over-allotment-option\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Ion Energy closes bought deal offering for $5.75 million, including full exercise of over-allotment option | Miller Thomson\" \/>\n<meta property=\"og:description\" content=\"Counsel to a syndicate of underwriters led by PI Financial Corp.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.millerthomson.com\/en\/deals-cases\/ion-energy-closes-bought-deal-offering-for-5-75-million-including-full-exercise-of-over-allotment-option\/\" \/>\n<meta property=\"og:site_name\" content=\"Miller Thomson\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/MillerThomsonLaw\/\" \/>\n<meta property=\"article:modified_time\" content=\"2026-01-20T23:08:16+00:00\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:site\" content=\"@millerthomson\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.millerthomson.com\/en\/deals-cases\/ion-energy-closes-bought-deal-offering-for-5-75-million-including-full-exercise-of-over-allotment-option\/\",\"url\":\"https:\/\/www.millerthomson.com\/en\/deals-cases\/ion-energy-closes-bought-deal-offering-for-5-75-million-including-full-exercise-of-over-allotment-option\/\",\"name\":\"Ion Energy closes bought deal offering for $5.75 million, including full exercise of over-allotment option | Miller Thomson\",\"isPartOf\":{\"@id\":\"https:\/\/www.millerthomson.com\/en\/#website\"},\"datePublished\":\"2021-04-17T00:21:23+00:00\",\"dateModified\":\"2026-01-20T23:08:16+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/www.millerthomson.com\/en\/deals-cases\/ion-energy-closes-bought-deal-offering-for-5-75-million-including-full-exercise-of-over-allotment-option\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.millerthomson.com\/en\/deals-cases\/ion-energy-closes-bought-deal-offering-for-5-75-million-including-full-exercise-of-over-allotment-option\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.millerthomson.com\/en\/deals-cases\/ion-energy-closes-bought-deal-offering-for-5-75-million-including-full-exercise-of-over-allotment-option\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.millerthomson.com\/en\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Deals and Cases\",\"item\":\"https:\/\/www.millerthomson.com\/en\/deals-cases\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"Ion Energy closes bought deal offering for $5.75 million, including full exercise of over-allotment option\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.millerthomson.com\/en\/#website\",\"url\":\"https:\/\/www.millerthomson.com\/en\/\",\"name\":\"Miller Thomson\",\"description\":\"National law firm providing business law expertise and litigation and disputes services for businesses across Canada since 1957.\",\"publisher\":{\"@id\":\"https:\/\/www.millerthomson.com\/en\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.millerthomson.com\/en\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/www.millerthomson.com\/en\/#organization\",\"name\":\"Miller Thomson\",\"url\":\"https:\/\/www.millerthomson.com\/en\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.millerthomson.com\/en\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/www.millerthomson.com\/wp-content\/uploads\/2024\/10\/miller-thomson.svg\",\"contentUrl\":\"https:\/\/www.millerthomson.com\/wp-content\/uploads\/2024\/10\/miller-thomson.svg\",\"width\":380,\"height\":50,\"caption\":\"Miller Thomson\"},\"image\":{\"@id\":\"https:\/\/www.millerthomson.com\/en\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/MillerThomsonLaw\/\",\"https:\/\/x.com\/millerthomson\",\"https:\/\/www.linkedin.com\/company\/miller-thomson-llp\/\",\"https:\/\/www.youtube.com\/@millerthomson\"]}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Ion Energy closes bought deal offering for $5.75 million, including full exercise of over-allotment option | Miller Thomson","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.millerthomson.com\/en\/deals-cases\/ion-energy-closes-bought-deal-offering-for-5-75-million-including-full-exercise-of-over-allotment-option\/","og_locale":"en_US","og_type":"article","og_title":"Ion Energy closes bought deal offering for $5.75 million, including full exercise of over-allotment option | Miller Thomson","og_description":"Counsel to a syndicate of underwriters led by PI Financial Corp.","og_url":"https:\/\/www.millerthomson.com\/en\/deals-cases\/ion-energy-closes-bought-deal-offering-for-5-75-million-including-full-exercise-of-over-allotment-option\/","og_site_name":"Miller Thomson","article_publisher":"https:\/\/www.facebook.com\/MillerThomsonLaw\/","article_modified_time":"2026-01-20T23:08:16+00:00","twitter_card":"summary_large_image","twitter_site":"@millerthomson","twitter_misc":{"Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.millerthomson.com\/en\/deals-cases\/ion-energy-closes-bought-deal-offering-for-5-75-million-including-full-exercise-of-over-allotment-option\/","url":"https:\/\/www.millerthomson.com\/en\/deals-cases\/ion-energy-closes-bought-deal-offering-for-5-75-million-including-full-exercise-of-over-allotment-option\/","name":"Ion Energy closes bought deal offering for $5.75 million, including full exercise of over-allotment option | Miller Thomson","isPartOf":{"@id":"https:\/\/www.millerthomson.com\/en\/#website"},"datePublished":"2021-04-17T00:21:23+00:00","dateModified":"2026-01-20T23:08:16+00:00","breadcrumb":{"@id":"https:\/\/www.millerthomson.com\/en\/deals-cases\/ion-energy-closes-bought-deal-offering-for-5-75-million-including-full-exercise-of-over-allotment-option\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.millerthomson.com\/en\/deals-cases\/ion-energy-closes-bought-deal-offering-for-5-75-million-including-full-exercise-of-over-allotment-option\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/www.millerthomson.com\/en\/deals-cases\/ion-energy-closes-bought-deal-offering-for-5-75-million-including-full-exercise-of-over-allotment-option\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.millerthomson.com\/en\/"},{"@type":"ListItem","position":2,"name":"Deals and Cases","item":"https:\/\/www.millerthomson.com\/en\/deals-cases\/"},{"@type":"ListItem","position":3,"name":"Ion Energy closes bought deal offering for $5.75 million, including full exercise of over-allotment option"}]},{"@type":"WebSite","@id":"https:\/\/www.millerthomson.com\/en\/#website","url":"https:\/\/www.millerthomson.com\/en\/","name":"Miller Thomson","description":"National law firm providing business law expertise and litigation and disputes services for businesses across Canada since 1957.","publisher":{"@id":"https:\/\/www.millerthomson.com\/en\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.millerthomson.com\/en\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.millerthomson.com\/en\/#organization","name":"Miller Thomson","url":"https:\/\/www.millerthomson.com\/en\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.millerthomson.com\/en\/#\/schema\/logo\/image\/","url":"https:\/\/www.millerthomson.com\/wp-content\/uploads\/2024\/10\/miller-thomson.svg","contentUrl":"https:\/\/www.millerthomson.com\/wp-content\/uploads\/2024\/10\/miller-thomson.svg","width":380,"height":50,"caption":"Miller Thomson"},"image":{"@id":"https:\/\/www.millerthomson.com\/en\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/MillerThomsonLaw\/","https:\/\/x.com\/millerthomson","https:\/\/www.linkedin.com\/company\/miller-thomson-llp\/","https:\/\/www.youtube.com\/@millerthomson"]}]}},"_links":{"self":[{"href":"https:\/\/www.millerthomson.com\/en\/wp-json\/wp\/v2\/deals-cases\/3807","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.millerthomson.com\/en\/wp-json\/wp\/v2\/deals-cases"}],"about":[{"href":"https:\/\/www.millerthomson.com\/en\/wp-json\/wp\/v2\/types\/deals-cases"}],"author":[{"embeddable":true,"href":"https:\/\/www.millerthomson.com\/en\/wp-json\/wp\/v2\/users\/1"}],"version-history":[{"count":0,"href":"https:\/\/www.millerthomson.com\/en\/wp-json\/wp\/v2\/deals-cases\/3807\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.millerthomson.com\/en\/wp-json\/wp\/v2\/media?parent=3807"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}