McMillan advises Underwriters in connection with AbraSilver Resource Corp.’s Public Offering

On February 7, 2025, AbraSilver Resource Corp. (TSXV: ABRA) (“AbraSilver” or the “Company”) announced the closing of its bought deal public offering of 11,765,650 common shares of the Company for aggregate gross proceeds of C$30,002,407.50, including the exercise in full of the underwriters’ over-allotment option.

The offering was conducted by a syndicate of underwriters led by National Bank Financial Inc. and Beacon Securities Limited, as co-bookrunners, and including Raymond James Ltd., Scotia Capital Inc. and TD Securities.

AbraSilver is an advanced-stage exploration company focused on rapidly advancing its 100%-owned Diablillos silver-gold project in the mining-friendly Salta and Catamarca provinces of Argentina.

McMillan acted as legal counsel to the syndicate of underwriters. Andrew Powers led the team that included Jeffrey Gebert and Chris Osei-Kusi.

As a national business law firm with exceptional capabilities to lead businesses through cross-border transactions and investments into Canada and within multifaceted regulatory regimes, McMillan provides real-time business solutions to our clients. Our Capital Markets & Securities Group is skilled at structuring and closing complex deals in Canada, the US and internationally and in providing innovative transactional advice and solutions. Our understanding of business imperatives and our relationships with the regulators helps our clients stay ahead.