Jasper Mining closes previously announced recapitalization transaction

On July 15, 2022, Jasper Mining Corporation ("Jasper") closed its recapitalization transaction, which included a non-brokered private placement and brokered private placement , conversion of C$240,000 of debt of Jasper into common shares at a deemed price of $0.09 per common share, appointment of a new management team and a reconstituted board of directors.  Stifel FirstEnergy acted as sole agent and bookrunner in connection with the brokered private placement and under the brokered private placement, Jasper received C$1.8 million from the issuance of 20,000,000 units at $0.09 per unit.

Stifel FirstEnergy is recognized as a leader in Canadian capital markets, with a focus on Consumer & Retail, Diversified Industries, Energy, Financial Services & Financial Sponsors, Life Sciences & Healthcare, Metals & Mining, and Technology.

McCarthy Tétrault assisted Stifel FirstEnergy with a team led by Alyson Goldman that included Matthew Hooker (Business).