WeirFoulds congratulates Orford Mining Corp. (“Orford Mining”) on its successful financing activities during the summer 2023. These included a non-brokered private placement of critical minerals flow-through units, flow-through units, and “hard dollar” units, raising a total of $3.27 million, followed by another non-brokered private placement of critical minerals flow-through shares, flow-through shares and common shares raising an additional $2.2 million.
The net proceeds from these financing transactions will be used to fund Orford’s exploration programs in the Nunavik Region of Northern Quebec, particularly with respect to its Qiqavik Gold project 2023 RAB Drilling program and its summer 2023 Nunavik Lithium inaugural exploration program.
Orford Mining was represented by WeirFoulds LLP in these transactions, with a team consisting of Rob Eberschlag (Partner, Securities), Ryan Morris (Partner, Tax), Dara Azari (Associate, Securities) and Sabina Kwiecien (Law Clerk).
To learn more about WeirFoulds’ Securities Practice Group or to contact one of our securities lawyers, visit our Securities Practice Group overview page.
