Vancouver-based Madi Minerals Ltd. recently completed an initial public offering (IPO) on the Canadian Securities Exchange (CSE).
In April, Madi Minerals announced it had completed an IPO of 4,025,000 common shares at a price of $0.10 per share for gross proceeds of $402,500. The shares began trading on the CSE on April 12.
Madi Minerals is conducting an exploration of the Georgina Project, which consists of one mineral claim covering an area of 2,069 ha on Vancouver Island within the Nanaimo Mining Division.
MLT Aikins lawyers Kevin Sorochan and Taylor Dignan were pleased to act as counsel to Madi Minerals on its IPO. Learn more about how our Corporate Finance & Securities team advises clients on public and private offerings.