On August 9, 2005, Tiberon Minerals Ltd. closed a “bought deal” short form prospectus offering of 33,334,000 common shares for aggregate gross proceeds of approximately $80 million. The underwriting syndicate was led by Paradigm Capital and included Haywood Securities and Northern Securities. The proceeds of the offering are being used for the equity financing of the development of Tiberon's primary asset, a 77.5 per cent interest in the Nui Phao tungsten polymetallic project in Vietnam.
Tiberon was represented by John Sabine, Leslie Johnson, Bradley Kruger and Gennady Ferenbok of Fraser Milner Casgrain LLP. David Poynton and Brad Chapman of Cassels Brock & Blackwell LLP represented the underwriters. Gil Cornblum and Gabe Gartner of Dorsey & Whitney LLP acted as US counsel for the transaction.
Tiberon was represented by John Sabine, Leslie Johnson, Bradley Kruger and Gennady Ferenbok of Fraser Milner Casgrain LLP. David Poynton and Brad Chapman of Cassels Brock & Blackwell LLP represented the underwriters. Gil Cornblum and Gabe Gartner of Dorsey & Whitney LLP acted as US counsel for the transaction.
