Post by Canaccord Genuity Australia

Canaccord Genuity is pleased to have acted as Joint Lead Arranger and Joint Lead Manager on the L1 Gold Fund Limited (ASX: LGF) ~A$950 million Initial Public Offering.   LGF is structured as a Listed Investment Company (LIC) and will provide investors with exposure to an actively managed portfolio, predominantly focused on securities in the gold sector, with opportunistic investments in other precious metals. The investment strategy seeks to deliver positive, absolute returns over the medium to long term (being a period of more than three years) through a fundamental, research-driven approach using long and short positions.   Congratulations to the L1 Capital team on a highly successful raise.   The Canaccord Genuity deal team was led by James Debs, with significant support from the broader deal team comprising Joshua Seddon, Samuel Hodge and Harrison Moore.