Gold, base metals explorer Cadillac nears listing on TSX
Ahead of its planned initial public offering (IPO) on TSX, gold and base metals explorer Cadillac Mines has filed with the securities regulatory authorities in each of the necessary provinces and territories in Canada, and obtained a receipt for a preliminary base Post-Receipt Pricing prospectus for the proposed IPO.
Cadillac explores exclusively within the highly prolific Abitibi Greenstone Belt across Ontario and Québec.
Specifically, their operations are concentrated along the Cadillac-Larder Lake Break, which is a massive geological fault structure renowned for massive historical gold production. The company's flagship asset is the Kerr-Addison project in Kirkland Lake, Ontario.
Cadillac recently changed its name from Gold Candle to reflect its growing presence along the Cadillac-Larder Lake Brake.
The IPO will be made through a syndicate of underwriters led by BMO Capital Markets, National Bank of Canada Capital Markets and Stifel Canada as co-lead underwriters and joint bookrunners.
