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Cortex Business Solutions Inc announces Equity Financing

Thursday, 13 Feb 2014 03:22pm EST 

Cortex Business Solutions Inc:Says it intends to raise up to $10 mln in gross proceeds by way of an overnight marketed offering of common shares.Says the Offering will be conducted through a syndicate of underwriters led by Cormark Securities Inc.Says the price per Common Share will be determined by the Underwriters and Cortex in the context of the market at the time of entering into a definitive underwriting agreement between the company and the Underwriters.Says the Offering is scheduled to close on or about Feb. 28.Says the net proceeds of the Offering will be used for sales and market expansion and for general corporate and working capital purposes. 

Company Quote

0.2 +12.50%
31 Jul 2015