By Devika Patel
Knoxville, Tenn., Oct. 30 - Opmedic Group Inc. said it will raise C$2.1 million in a private placement of stock.
The company will sell 1.05 million common shares at C$2.00 per share on a bought-deal basis.
The deal will be conducted by Laurentian Bank Securities Inc.
Settlement is expected Nov. 20.
Proceeds will be used to supplement financial resources and for general corporate purposes.
Opmedic Group is a fertility, laboratory and genetic services provider in Mount Royal, Quebec.
| Issuer: | Opmedic Group Inc.
|
| Issue: | Common shares
|
| Amount: | C$2.1 million
|
| Shares: | 1.05 million
|
| Price: | C$2.00
|
| Warrants: | No
|
| Agents: | Laurentian Bank Securities Inc.
|
| Pricing date: | Oct. 30
|
| Settlement date: | Nov. 20
|
| Stock symbol: | Toronto: OMG
|
| Stock price: | C$2.00 at close Oct. 29
|
| Market capitalization: | C$32.1 million
|
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