Date Closed

November 16, 2021

Lead Office

Toronto

Value

46.70 Million CAD

On November 16, 2021, Arizona Sonoran Copper Company Inc. closed its initial public offering of C$46,712,969.10. Arizona Sonoran Copper Company Inc.'s common shares are listed on the Toronto Stock Exchange (TSX).

The initial public offering was made through a syndicate of underwriters co-led by RBC Capital Markets and Haywood Securities Inc. that included Canaccord Genuity Corp., Cormark Securities Inc., Stifel Nicolaus Canada Inc., Beacon Securities Limited and Paradigm Capital Inc.

Arizona Sonoran Copper Company Inc., based in Arizona, US, is involved in the identification, acquisition, exploration, development and sustainable production of base metal properties.

McCarthy Tétrault LLP advised the syndicate of underwriters with a team led by Eva Bellissimo that included Robert  Brant, Victoria de Luna, Rhea Evans, Obruche Heinanen, Andrew Parker, Firuz Rahimi, Sean Sadler, Rebecca Summers and Rebecca Thomas (Business); Shane D'Souza (Litigation) and Angela Lizotte (Securities).