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Neptune Technologies & Bioressources Inc announces pricing of $25 mln offering of common shares

Friday, 28 Feb 2014 08:34am EST 

Neptune Technologies & Bioressources Inc:Priced underwritten public offering of 10,000,000 newly issued common shares at public offering price of $2.50 per share.gross proceeds to be about $25 mln.Neptune has granted the underwriters of the offering an option to purchase an additional 1,500,000 common shares at the public offering price during the period ending 30 days from the closing of the offering.Roth Capital Partners and Euro Pacific Canada Inc. are acting as joint book-running managers.National Securities Corporation, a wholly-owned subsidiary of National Holdings, Inc. (NHLD), is acting as lead manager for the offering.Closing of offering is expected to occur on or about March 5. 

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