Union files complaint against Orla Mining, alleging violation of worker rights in Mexico
The complaint is only the second of its kind made from Canada using CUSMA’s RRM process since the trade deal came into force in 2020.
Gold Royalty Corp. (NYSEA:GROY) and GoldMining Inc. (TSX:GOLD; NYSEA:GLDG) have successfully raised $90 million through Gold Royalty’s initial public offering of 18 million units priced at $5 per unit. The common shares and warrants began trading on the NYSE American on March 9, 2021.
Gold Royalty plans to use the proceeds to implement its growth and acquisition strategy and for general working capital. As the company’s name suggests, it will offer financing to the metals and mining industry.
At the completion of the offering, GoldMining will hole 20 million common shares or about 49% of Gold Royalty, based in Vancouver.
H.C. Wainwright & Co. and BMO Capital Markets acted as the joint book-running managers and co-lead underwriters of a syndicate that included CIBC Capital Markets, Haywood Securities, Raymond James Ltd., Roth Capital Partners, Scotiabank, Sprott Capital Partners L.P. and TD Securities Inc. The underwriters have been granted a 30-day option to purchase up to an additional 2.7 million shares and/or up to 1.35 million warrants.
