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Regal Lifestyle Communities completes $23 mln public offering


Friday, 21 Mar 2014 09:03am EDT 

Regal Lifestyle Communities Inc:Completed public offering of common shares of the company with a syndicate of underwriters, co-led by CIBC and TD Securities, on a bought deal basis.A total of 2,968,150 Common Shares were issued at a price of $7.75 per Common Share for total gross proceeds of about $23 million.Net proceeds from the Offering will be used by the company to partially fund the acquisition of the Sunwood Retirement Home in Maple Ridge and for general corporate purposes. 

Company Quote

8.76
0.0 +0.00%
19 Dec 2014