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WesternOne Inc announces closing of $45 million bought deal

Thursday, 19 Dec 2013 08:56am EST 

WesternOne Inc:Says the closing of its previously announced public offering of 5,860,000 common shares, on a bought deal basis, at a price of $7.68per common share, for total gross proceeds of $45,004,800.Says Offering was conducted through a syndicate of underwriters co-led by National Bank Financial Inc. and Canaccord Genuity Corp.Says including Raymond James Ltd., Scotia Capital Inc., Dundee Securities Ltd., GMP Securities L.P., HSBC Securities (Canada) Inc., BMO Nesbitt Burns Inc. and Burgeonvest Bick Securities Limited.Says intends to use the net proceeds from the Offering to fund its capital expenditure program, for debt repayment and working capital requirements and for other corporate purposes. 

Company Quote

0.17 +5.67%
19 Dec 2014