Ascot Arranges C$25 Million Bought Deal Financing and US$50 Million Additional Funding for Completion and Ramp-Up of the Premier Gold Project
Amount Raised
$75 Million
Round Type
Funding Round
Investors
Description
Ascot Resources Ltd. has arranged a C$25 million bought deal financing and secured an additional US$50 million in funding from Sprott Resource Streaming and Royalty Corp. and Nebari Natural Resources Credit Fund II for the completion and ramp-up of the Premier Gold Project. The company also entered into a financing agreement with underwriters for a private placement, offering 56,820,000 Common Shares at a price of C$0.44 per Common Share for gross proceeds of approximately C$25 million.
Quick answer
Ascot Resources Ltd raised $75 Million in a Funding Round round, dated January 24, 2024. Investors: Desjardins Capital Markets, BMO Capital Markets, Nebari Natural Resources Credit Fund II and Sprott Resource Streaming And Royalty Corp.
- How much did Ascot Resources Ltd raise?
- Ascot Resources Ltd raised $75 Million in a Funding Round round on January 24, 2024.
- Who invested in Ascot Resources Ltd?
- Desjardins Capital Markets, BMO Capital Markets, Nebari Natural Resources Credit Fund II and Sprott Resource Streaming And Royalty Corp. are named as investors in this round.
- What does Ascot Resources Ltd do?
- focused gold and silver explorer with a portfolio of advanced and grassroots projects in the Golden Triangle region of British Columbia.
- Who are the decision-makers at Ascot Resources Ltd?
- Fundz holds 1 contact at Ascot Resources Ltd. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Mining and Mineral around the same time
Companies in the same sectors as Ascot Resources Ltd that raised within 45 days of this round, from Fundz verified event records.
- Lion Copper Corp. raised $2.8M (Seed) on March 8, 2024.
- Vizsla Silver Corp raised $30M (Funding Round) on February 22, 2024.
- Montage Gold raised $20M (Funding Round) on February 22, 2024.
- Lion Copper Corp. raised $942K (Seed) on February 16, 2024.
- Idaho Copper raised $2.2M (Seed) on January 12, 2024.
- Atacama Copper raised $1.4M on December 20, 2023.
Who to call at Ascot Resources Ltd, and when
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- An alert the day Ascot Resources Ltd raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Ascot Resources Ltd, from your own LinkedIn network
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Related People
Ascot Resources Ltd raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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