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Jasper Mining closes previously announced recapitalization transaction

Date Closed

July 15, 2022

Lead Office

Calgary

Value

1.80 Million CAD

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).

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