C2C Industrial Properties Inc: Business description, financial summary, 3yr and interim financials, key statistics/ratios and historical ratio analysis.
Provider: Reuters Investment Profile
Provider: Thomson Reuters Stock Report
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C2C Industrial Properties Inc Announces Closing Of Private Placements Totalling $46 Million
C2C Industrial Properties Inc. announced, further to its announcements on January 30, 2012, January 31, 2012, February 10, 2012 and February 29, 2012 that it has closed the previously announced $35,000,000 brokered private placement of common shares (the "Brokered Private Placement") and additional details of its $10,500,000 private placement of shares (the "Acquisition Financing") conducted in connection with its most recent portfolio acquisition. Pursuant to the Brokered Private Placement, the Company issued and sold 209,730,481 common shares, including shares issued in connection with the exercise of the agents' over-allotment option, at $0.17 per share for gross proceeds totaling $35,654,182. The Brokered Private Placement was co-led by GMP Securities L.P. and Desjardins Securities Inc and included Raymond James Ltd. and Greenrock Capital Partners Inc. The Brokered Private Placement was conducted on a private placement, prospectus-exempt basis to accredited investors in the provinces of British Columbia, Alberta, Saskatchewan, Manitoba, Ontario, Quebec and Nova Scotia. The Company will use the proceeds from the financings to repay existing second mortgage indebtedness used to fund portfolio acquisitions, to fund future acquisitions and for general working capital purposes.
Latest Developments for C2C Industrial Properties Inc
- C2C Industrial Properties Inc Announces Completion Of Corporate Reorganization
- C2C Industrial Properties Inc Announces Completion Of $22.0 Million Equity Offering
- C2C Industrial Properties Inc Announces $22 Million Equity Private Placement
- C2C Industrial Properties Inc. Announces Change in Financial Year-End
Latest Key Developments in Real
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