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Home : Benbrick Holdings Inc. Sells Shares and Exercises Warrants of Brick Brewing Co. Limited
Jul 24
2013

Benbrick Holdings Inc. Sells Shares and Exercises Warrants of Brick Brewing Co. Limited

TORONTO, ONTARIO--(Marketwired - July 23, 2013) - Benbrick Holdings Inc. ("Benbrick") announced today that on July 19, 2013 it sold 1,370,200 common shares (the "Common Shares") in the capital of Brick Brewing Co. Limited (the "Company) on the Toronto Stock Exchange at a price of Cdn.$1.5004 per share and it exercised 2,856,963 common share purchase warrants (each, a "Warrant") at $0.71 per underlying Common Share for aggregate consideration to the Company of $2,028,444.28. On July 22, 2013 Benbrick also exercised 788,870 Warrants to acquire 788,870 Common Shares of the Company at $0.71 per share for additional aggregate consideration to the Company of $560,097. All of the Warrants exercised by Benbrick were due to expire on October 31, 2013.
Source:http://www.marketwire.com/mw/release.do?id=1813909&sourceType=3
 
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