Business
Canadian Equipment Rental Fund Limited Partnership closes previously announced equity offering
/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATE...
About this update from Zedcor Inc
[{"type":"text","content":"\n\n\n\n/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR\n\n\nDISSEMINATION IN THE UNITED STATES OF AMERICA/\n\n\nCALGARY, Dec. 20 /CNW/ - Canadian Equipment Rental Fund Limited\nPartnership ("CERF LP") has closed its offering of 289,270 limited partnership\nunits ("Units") of CERF LP at a price of $5.00 per Unit for aggregate gross\nproceeds of $1,446,350 (the "Offering"). Cormark Securities Inc. acted as lead\nagent for the Offering to a syndicate that also included PI Financial Corp.\n\n\nThe proceeds of the Offering will be used to fund the purchase of\nequipment and to thereby expand CERF LP's rental fleet and for general\npartnership purposes.\n\n\nCERF LP is a Canadian limited partnership engaged in the rental, sale and\nservice of industrial and construction equipment. CERF LP is listed on the TSX\nVenture Exchange under the symbol "CFL.UN" and, after completion of the\nOffering, now has 5,735,107 Units issued and outstanding.\n\n\nFORWARD LOOKING STATEMENTS\n\n\nThis press release contains forward-looking statements. These\nforward-looking statements are subject to various risk factors and\nuncertainties, which may cause the actual results, performances, cash flows or\nthe ability to pay distributions to be materially different from the results,\nperformances, cash flows or the ability to pay distributions expressed or\nimplied by such forward-looking statements.\n\n\nThe TSX Venture Exchange does not accept responsibility for the adequacy\n\n\nor accuracy of this release.\n\n\n","length":1628,"tagName":"div"}]