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Solium Announces Closing of $46 Million Bought Deal Financing
Solium Announces Closing of $46 Million Bought Deal Financing Canada NewsWire CA...
About this update from Summit Royalties Ltd
[{"type":"text","content":"\n\n\n\nSolium Announces Closing of $46 Million Bought Deal Financing\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\n\nCanada NewsWire\nCALGARY, Nov. 1, 2017\n\n\n\n/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES AND NOT FOR DISSEMINATION IN THE UNITED STATES/\n\n\n\nCALGARY, Nov. 1, 2017 /CNW/ - Solium Capital Inc. (TSX:SUM) (\"Solium\" or the \"Company\"), the leading provider of software-as-a-service for global equity-based incentive plans, administration, financial reporting and compliance, is pleased to announce that it has completed its previously announced short form prospectus offering, including the exercise in full of the underwriters' over-allotment option. A total of 4,488,450 common shares have been issued at a price of $10.25 per common share for aggregate gross proceeds of $46,006,612.50 to Solium.\n\nThe syndicate of underwriters was co-led by National Bank Financial Inc., as sole bookrunner, and CIBC World Markets Inc. and included Laurentian Bank Securities Inc., Canaccord Genuity Corp., Cormark Securities Inc. and Barclays Capital Canada Inc.\n\nThe Company intends to use the net proceeds of the offering for working capital and general corporate purposes, as well as to provide flexibility for future acquisitions including potentially material acquisitions.\n\nThis news release does not constitute an offer to sell or a solicitation of an offer to buy any securities in the United States. The common shares have not been and will not be registered under the United States Securities Act of 1933, as amended, or any state securities laws and may not be offered or sold in the United States or to a U.S. person absent registration or an applicable exemption from such registration requirements.\n\nAbout Solium Capital Inc.\n\nSolium Capital Inc. (TSX: SUM) provides cloud-enabled services for global equity administration, financial reporting and compliance. From offices in the United States, Canada, the United Kingdom, Europe and Australia, our innovative software-as-a-service (SaaS) technology powers share plan administration and equity transa...