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Security Devices International Inc Announces Completion of IPO


Wednesday, 28 Aug 2013 04:48pm EDT 

Security Devices International Inc announced that it has completed an Initial Public Offering (the Offering) and that its common shares are expected to commence trading on the TSX Venture Exchange (TSXV) under the symbol SDZ on or about September 3, 2013. The Offering raised total gross proceeds of CAD3,993,980 through SDI's agent, Macquarie Private Wealth Inc. (the Agent). Upon completion of the Offering, $2,297,044 of convertible debentures (including $279,188 of interest) was converted to 2,213,711 Common Shares, resulting in the discharge of those debentures. 

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0.32
-0.01 -3.03%
21 Aug 2014