Agents with the most mining deals in 2018

By Michael Allan McCrae / June 11, 2018 / www.mining.com / Article Link

Canaccord Genuity has been involved in the most mining deals in 2018.

Canaccord has been an agent in 13 mining closed mining deals year-to-date with duties ranging from lead underwriter to selling agent. Second is BMO Capital Markets with 11 deals.

Total number of agents that made mining deals in 2018 year to date were 99. Top 20 are graphed below.

Over US$4.4B financing was closed year to date with 42% of total arranged through agents.

Data is from Mining Intelligence looking at closed financings over US$10 million. Stock exchanges used are TSX, TSX-V, ASX, LSE, LSE-AIM, NYSE and JSE. Only completed placement offerings were compiled.

Mining Intelligence closed financings by agentMining Intelligence closed financings by agent

Here is a breakdown of the top deals supported by the top three agents:

Canaccord Genuity

Canaccord's biggest deals this year was all with battery-material miners.

Nemaska Lithium - Canaccord was a selling agent for Nemaska Lithium's US$217M project in Whabouchi, Quebec.

Mason Graphite - Canaccord was one of the syndicate underwriters for Mason's US$36M financing to develop the Lac Gu?(C)ret natural graphite deposit in Quebec.

Millennial Lithium - Canaccord was co-lead syndicator for Millennial's US$18M financing. Fund will be used for exploration and development activities at Millennial's lithium properties in Argentina.

BMO Capital Markets

Like Canaccord, BMO's biggest deals were in the battery-material space.

Nemaska Lithium - BMO was was co-lead underwriter for Nemaska Lithium's US$217M project in Whabouchi, Quebec.

Clean TeQ - BMO was co-underwriter for Clean TeQ's US$114M financing. Funds will be used to develop the Sunrise nickel-cobalt-scandium project in Australia.

Victoria Gold - BMO was a financial advisor to Victoria Gold's US$99M financing. Fund will be used to develop the Eagle project in the Yukon.

Paterson Securities

Walkabout Resources - Paterson was lead manager for Walkabout's US$5M financing for the Lindi jumbo graphite project in Tanzania.

Crusader Resources - Paterson was joint lead manager for Crusader Resources' financing funding the company's Brazilian gold assets.

Metminco - Paterson was lead manager for Metminco's US$4.3M financing. Funds were directed towards exploration activities.

Creative Commons image of mining certificate courtesy of Florida Keys-Public Libraries

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