{"id":49877,"date":"2026-04-23T12:22:00","date_gmt":"2026-04-23T16:22:00","guid":{"rendered":"https:\/\/www.millerthomson.com\/?post_type=deals-cases&#038;p=49877"},"modified":"2026-04-30T12:29:13","modified_gmt":"2026-04-30T16:29:13","slug":"fox-tungsten-ltd-closes-bought-deal-private-placement-for-gross-proceeds-of-12-7-million","status":"publish","type":"deals-cases","link":"https:\/\/www.millerthomson.com\/en\/deals-cases\/fox-tungsten-ltd-closes-bought-deal-private-placement-for-gross-proceeds-of-12-7-million\/","title":{"rendered":"Fox Tungsten Ltd. Closes \u201cBought Deal\u201d Private Placement for Gross Proceeds of $12.7 Million"},"content":{"rendered":"\n<p>On April 23, 2026, Fox Tungsten Ltd. (the \u201c<strong>Company<\/strong>\u201d) announced the completion its bought deal private placement offering: (i) 6,100,000 units of the Corporation (the \u201c<strong>Hard Units<\/strong>\u201d) at an issue price of $0.165 per Hard Unit; and (ii) 48,875,000 charity flow-through units of the Corporation (the \u201c<strong>Charity<\/strong> <strong>FT Units<\/strong>\u201d) at an issue price of $0.24 per Charity \u00a0FT Unit, including the full exercise of the underwriter\u2019s over-allotment option of 6,875,000 Charity FT Units, for aggregate gross proceeds of $12,736,500 (the \u201c<strong>Offering<\/strong>\u201d).<\/p>\n\n\n\n<p>The Offering was led by Stifel Canada, as lead underwriter and sole bookrunner, together with a syndicate of underwriters including PowerOne Capital Markets Limited and Canaccord Genuity Corp. \u00a0<\/p>\n\n\n\n<p>Miller Thomson advised the underwriters with a team comprised of Adam Kline, Brandon Meyer and Wendy Wang (Capital Markets\/Securities), Kathryn Walker (Tax), along with the assistance of Kobi Rosoph and Jacqueline Rintjema (Articling Students).<\/p>\n\n\n\n<p><\/p>\n","protected":false},"author":92,"template":"","class_list":["post-49877","deals-cases","type-deals-cases","status-publish","hentry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.1.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Fox Tungsten Ltd. Closes \u201cBought Deal\u201d Private Placement for Gross Proceeds of $12.7 Million | 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\/fox-tungsten-ltd-closes-bought-deal-private-placement-for-gross-proceeds-of-12-7-million\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Fox Tungsten Ltd. Closes \u201cBought Deal\u201d Private Placement for Gross Proceeds of $12.7 Million | Miller Thomson\" \/>\n<meta property=\"og:description\" content=\"On April 23, 2026, Fox Tungsten Ltd. (the \u201cCompany\u201d) announced the completion its bought deal private placement offering: (i) 6,100,000 units of the Corporation (the \u201cHard Units\u201d) at an issue price of $0.165 per Hard Unit; and (ii) 48,875,000 charity flow-through units of the Corporation (the \u201cCharity FT Units\u201d) at an issue price of $0.24 [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.millerthomson.com\/en\/deals-cases\/fox-tungsten-ltd-closes-bought-deal-private-placement-for-gross-proceeds-of-12-7-million\/\" \/>\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=\"2026-04-30T16:29:13+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\/fox-tungsten-ltd-closes-bought-deal-private-placement-for-gross-proceeds-of-12-7-million\/\",\"url\":\"https:\/\/www.millerthomson.com\/en\/deals-cases\/fox-tungsten-ltd-closes-bought-deal-private-placement-for-gross-proceeds-of-12-7-million\/\",\"name\":\"Fox Tungsten Ltd. 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