STLLR Gold Advances $25M Public Offering

STLLR Gold Inc. has announced the filing of a final short form prospectus for a C$25 million bought deal public offering. “This offering positions STLLR Gold to advance its flagship gold projects in Canada while leveraging investor support,” said the company.

The offering includes 4,793,000 Premium Flow-Through Units at C$1.565 per unit, 3,788,000 Flow-Through Units at C$1.32 per unit, and 11,364,000 Hard Dollar Units at C$1.10 per unit.

Paradigm Capital Inc. leads the syndicate of underwriters, which includes SCP Resource Finance, BMO Capital Markets, Haywood Securities, National Bank Financial, Stifel Nicolaus Canada, and Velocity Trade Capital. An over-allotment option grants underwriters a 15% extension for market stabilization.

Closing is anticipated by November 26, 2024, following Toronto Stock Exchange approval. Proceeds will support the Tower Gold Project in Timmins, Ontario, and the Colomac Gold Project near Yellowknife.

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