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| Home : ENTREC Corporation Closes $22 Million Public Offering of Convertible Debentures |
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Oct 30 2012 |
ENTREC Corporation Closes $22 Million Public Offering of Convertible Debentures |
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SPRUCE GROVE, ALBERTA--(Marketwire - Oct. 30, 2012) - ENTREC Corporation (TSX VENTURE:ENT) ("ENTREC") today announced that it has closed its previously announced offering (the "Offering") of 7.00% convertible unsecured subordinated debentures (the "Debentures"), pursuant to which ENTREC issued and sold an aggregate $22,000,000 principal amount of Debentures at a price of $1,000 per Debenture. A syndicate of underwriters led by National Bank Financial Inc., and including Scotia Capital Inc., Canaccord Genuity Corp. and GMP Securities L.P., acted as underwriters for the Offering. The Offering was made by way of a short form prospectus dated October 23, 2012 filed by ENTREC with the securities commissions and other similar regulatory authorities in each of the provinces of Canada, except Quebec. |
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| Source:http://www.marketwire.com/mw/release.do?id=1719276&sourceType=3 |
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