On Dec. 13, 2019, AMV Capital Corporation (TSXV: AMV) ("AMV") announced that it had completed its initial public offering ("IPO") on the TSX Venture Exchange ("TSXV"), pursuant to which it sold 4,000,000 common shares of the company to raise gross proceeds of $400,000. Mackie Research Capital Corporation acted as AMV's agent in respect of the IPO.
AMV is a mineral exploration company that is primarily engaged in the acquisition and evaluation of mineral exploration properties. The company intends to use the net proceeds from the IPO to conduct its exploration program on its Sage Property near Kamloops, British Columbia and for general working capital purposes.
Gowling WLG was counsel to AMV in this transaction with a team that included Brett Kagetsu and Raymond Ong (corporate), assisted by paralegal Toni Vodola.
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