On November 29, 2005, Shore Gold Inc. completed a short form prospectus offering of 17,150,000 common shares for aggregate gross proceeds of approximately $120,050,000. The offering was made on a bought deal basis through a syndicate of underwriters led by Genuity Capital Markets and included GMP Securities Ltd., Orion Securities Inc., Wellington West Capital Markets Inc., Westwind Partners Inc., Loewen, Ondaatje, McCutcheon Ltd. and Research Capital Corp. The proceeds of the offering are being used for advanced exploration and evaluation programs on the FALC Joint Venture Project, further work on Shore Gold's Star Kimberlite Project and for general corporate purposes. The FALC Joint Venture and Star Kimberlite properties are advanced-stage diamond exploration properties.
Shore Gold was represented by Garnet Schulhauser, Brad Markel and Lisa Ricketts of Bennett Jones LLP. Fred Pletcher and Melanie Bradley of Borden Ladner Gervais LLP represented the underwriters. Riccardo Leofanti and Eric Spindel of Skadden, Arps, Slate, Meagher & Flom LLP acted as US counsel for the transaction.
Shore Gold was represented by Garnet Schulhauser, Brad Markel and Lisa Ricketts of Bennett Jones LLP. Fred Pletcher and Melanie Bradley of Borden Ladner Gervais LLP represented the underwriters. Riccardo Leofanti and Eric Spindel of Skadden, Arps, Slate, Meagher & Flom LLP acted as US counsel for the transaction.
