By Devika Patel
Knoxville, Tenn., June 19 - Kadywood Capital Corp. lifted a private placement of subscription receipts to C$260 million. The deal priced for C$200 million on June 12.
The company will sell 520 million subscription receipts at C$0.50 apiece. It originally planned to sell 400 million subscription receipts.
Paradigm Capital Inc. is the lead agent of a syndicate that includes Canaccord Capital Corp. and GMP Securities LP, as co-bookrunners, as well as BMO Capital Markets and Brant Securities Ltd.
Settlement is expected July 8.
The gold stream company, which soon will be named Gold Wheaton Corp., is based in Toronto.
| Issuer: | Kadywood Capital Corp.
|
| Issue: | Subscription receipts
|
| Amount: | C$260 million
|
| Receipts: | 520 million
|
| Price: | C$0.50
|
| Warrants: | No
|
| Agents: | Paradigm Capital Inc. (lead), Canaccord Capital Corp., GMP Securities LP, BMO Capital Markets, Brant Securities Ltd.
|
| Pricing date: | June 12
|
| Upsized: | June 19
|
| Settlement date: | July 8
|
| Stock symbol: | TSX Venture: KDC.H
|
| Stock price: | C$1.10 at close June 19
|
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