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Tidewater Midstream Announces Completion of Tidewater Renewables' Initial Public Offering and Project Updates
Tidewater Midstream Announces Completion of Tidewater Renewables' Initial Public Offering...
About this update from Tidewater Midstream & Infrastructure Ltd.
[{"type":"text","content":"\n \n \n \n Tidewater Midstream Announces Completion of Tidewater Renewables' Initial Public Offering and Project Updates\n \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.prntac{\nTEXT-ALIGN: CENTER\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n \n /\n \n NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN\n \n THE UNITED STATES\n \n ./\n \n \n \n \n CALGARY, AB\n \n ,\n \n Aug. 18, 2021\n \n /CNW/ - Tidewater Midstream and Infrastructure Ltd. (\"\n \n Tidewater Midstream\n \n \") (TSX: TWM) is pleased to announce that its majority-owned subsidiary, Tidewater Renewables Ltd. (\"\n \n Tidewater Renewables\n \n \" or the \"\n \n Company\n \n \"), has completed its initial public offering (the ‎‎\"\n \n Offering\n \n \") of 10,000,000 common shares (\"\n \n Common Shares\n \n \") at a ‎price of\n \n C$15.00\n \n per Common Share, for total gross ‎proceeds of\n \n C$150,000\n \n ,000‎.\n \n \n \n \n \n \n \n \n \n The Common Shares trade on the Toronto Stock Exchange under the symbol \"LCFS\".‎\n \n \n \n Offering\n \n \n \n CIBC Capital Markets and National Bank Financial acted as co-lead underwriters and joint ‎bookrunners for the ‎Offering with a syndicate that included ATB ‎Capital Markets, RBC Capital Markets, Acumen Capital Partners, ‎‎Canaccord Genuity, ‎Scotia Capital Inc., Stifel FirstEnergy, Tudor, Pickering, Holt & Co., Echelon Wealth ‎Partners ‎Inc., iA Private Wealth Inc., INFOR Financial Inc., and Paradigm Capital Inc. (collectively, the \"\n \n Underwriters\n \n \").‎\n \n \n The Offering was completed pursuant to the Company's supplemented PREP prospectus dated ‎August 12, 2021 (the \"\n \n Prospectus\n \n \"), filed with the securities regulators in each of the provinces of ‎Canada, a copy of which is available under the Company's profile on SEDAR at ‎www.sedar.com.‎\n \n \n The Company has granted to the Underwriters an over-allotment option (the \"\n \n Over-Allotment ‎Option\n \n \") to purchase ...