Glamis Gold Ltd., a gold producer with mines in California, Nevada and Honduras, completed a $57,000,000 equity offering on November 9, 2001. Ten million common shares, at $5 per share were taken down by the Toronto Underwriting Group, comprised of Research Capital Corporation, BMO Nesbitt Burns Inc. and National Bank Financial, on October 30, 2001, and an over-allotment option for 1,500,000 common shares at $5 each was exercised on November 9, 2001. The offering was registered in all provinces of Canada and with the Securities and Exchange Commission in the United States. Glamis is a British Columbia company, with its head office in Reno, Nevada.
Glamis’ Canadian counsel, Lang Michener in Vancouver, British Columbia, acted as Glamis’ lead counsel for the Offering. The Lang Michener team was comprised of G. Barry Finlayson, Charlotte A. Olsen and Sharon Wong, all of Vancouver, B.C. The Underwriter’ counsel for the Offering was Cassels Brock & Blackwell of Toronto. The Cassels Brock team was comprised of Norman Findlay, Howard Burshtein and Chad Accursi.