.jpg)
2 hours ago
3
Article content
(Bloomberg) — Cadillac Mines Corp. and Amapa Minerals Holdings Inc. filed for initial public offerings, in the latest sign that the pace of Canadian listings is starting to pick up.
THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLY
Subscribe now to read the latest news in your city and across Canada.
- Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman, and others.
- Daily content from Financial Times, the world's leading global business publication.
- Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.
- National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.
- Daily puzzles, including the New York Times Crossword.
SUBSCRIBE TO UNLOCK MORE ARTICLES
Subscribe now to read the latest news in your city and across Canada.
- Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman and others.
- Daily content from Financial Times, the world's leading global business publication.
- Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.
- National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.
- Daily puzzles, including the New York Times Crossword.
REGISTER / SIGN IN TO UNLOCK MORE ARTICLES
Create an account or sign in to continue with your reading experience.
- Access articles from across Canada with one account.
- Share your thoughts and join the conversation in the comments.
- Enjoy additional articles per month.
- Get email updates from your favourite authors.
THIS ARTICLE IS FREE TO READ REGISTER TO UNLOCK.
Create an account or sign in to continue with your reading experience.
- Access articles from across Canada with one account
- Share your thoughts and join the conversation in the comments
- Enjoy additional articles per month
- Get email updates from your favourite authors
Sign In or Create an Account
or
Article content
Cadillac has claims on property in Ontario, where its flagship Kerr-Addison project is located, and in Quebec, according to a preliminary prospectus published Monday. It counts Franco-Nevada Corp. co-founder Pierre Lassonde as its chairman.
Article content
Article content
Amapa’s main asset is a past-producing open-pit gold mine in Northern Brazil that sold more than 1.5 million ounces of the metal from 2005 and 2021, a statement showed. The number of shares in both companies’ offerings and their respective offering prices haven’t been determined yet.
Article content
Article content
The potential listings add to a growing pipeline of Toronto debuts, after several years of lackluster IPO activity. They join BG Gold Capital II Corp., which filed on July 7 for a Toronto listing to fund its gold project in the Canadian territory of Nunavut.
Article content
By signing up you consent to receive the above newsletter from Postmedia Network Inc.
Article content
Led by the $1.1 billion debut of generic drug maker Apotex Health Corp. in late May, Canadian IPOs have raised $1.8 billion in the busiest year for new listings by volume since 2021, according to data compiled by Bloomberg.
Article content
Cadillac plans to expand its gold resource base at Kerr-Addison, advance its Geminid nickel deposit and unlock the potential of its Abitibi land position, its statement Monday showed.
Article content
In May, the company changed its name from Gold Candle Ltd. to reflect its presence along the Cadillac-Larder Lake Break in Ontario and Quebec.
Article content
The IPO will include the sale of new shares and an offering by existing shareholders, its statement showed. The offering will be led by Bank of Montreal, National Bank of Canada and Stifel Financial Corp.
Article content
Amapa plans to sell an as-yet undetermined number of new shares, its statement showed. Its IPO will be led by Canaccord Genuity and Bank of Montreal.
Article content
English (US)