Business
Input Capital Corp. Announces the Full Exercise of Over-Allotment Option in Connection with its Recent Bought Deal Offering
/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES ...
About this update from Ssc Security Services Corp.
[{"type":"text","content":"\n\n/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF U.S. SECURITIES LAW./\n\n\n\nREGINA, July 18, 2014 /CNW/ - Input Capital Corp. (\"Input\") (TSX Venture Exchange: INP) is pleased to announce today the closing of the over-allotment option (the \"Over-Allotment Option\") granted in connection with its previously announced bought deal offering (the \"Offering\") of Class A common voting shares of Input (\"Common Shares\").  Pursuant to the Offering, a syndicate of underwriters led by GMP Securities L.P. and including Paradigm Capital Inc., Beacon Securities Limited, Acumen Capital Financial Partners Limited, AltaCorp Capital Inc., Canaccord Genuity Corp., Cormark Securities Inc. and National Bank Financial Inc. (the \"Underwriters\") have exercised in full their Over-Allotment Option to purchase an additional 2,625,000 Common Shares at a price of C$2.30 per Common Share for additional gross proceeds to Input of C$6,037,500. \n\nThe aggregate gross proceeds of the Offering, including the exercise of the Over-Allotment Option, are C$46,287,500.  \n\nThis press release does not constitute an offer to sell or the solicitation of an offer to buy any securities in any jurisdiction.\n\nANY SECURITIES REFERRED TO HEREIN WILL NOT BE REGISTERED UNDER THE U.S. SECURITIES ACT OF 1933 (THE \"1933 ACT\") AND MAY NOT BE OFFERED OR SOLD IN THE UNITED STATES OR TO A U.S. PERSON IN THE ABSENCE OF SUCH REGISTRATION OR AN EXEMPTION FROM THE REGISTRATION REQUIREMENTS OF THE 1933 ACT. \n\nNEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.\n\nAbout Input\n\nInput is an agriculture commodity streaming company with a focus on canola, the largest and most profitable crop in Canadian agriculture. Input enters into canola streaming contracts with canola farmers in western Canada.  Pursuant to the streaming contract, Input purchases a fixed portion of the canola produced, at a fixed price, for the duration of the term of the contract.  Input is a non-operating farming company with a portfolio of twenty canola streams, all of which produce canola and revenue for Inpu...