KAMINAK GOLD CORPORATION
Bought Deal Private Placement
We acted as counsel to Kaminak Gold Corporation with respect to its $21,001,100 bought deal private placement completed on March 11, 2015. The private placement was co-led by Cormark Securities Inc. and Raymond James Ltd. and included BMO Nesbitt Burns Inc., Canaccord Genuity Corp., National Bank Financial Inc., Beacon Securities Limited, Euro Pacific Canada Inc., Paradigm Capital Inc. and Mackie Research Capital Corporation. On closing, Kaminak sold an aggregate of 12,233,000 common shares at a price of $0.90 per share and an aggregate of 8,696,000 common shares that qualify as “flow through” shares for the purposes of the Income Tax Act (Canada) at a price of $1.15 per share. Kaminak is a Vancouver-based exploration stage mining company focused on the acquisition, exploration and development of gold and other precious and base metal properties. Kaminak’s shares are listed on the TSX Venture Exchange under the symbol “KAM”.