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| Home : Merus Labs International Inc. Announces Closing of $31.3 Million Bought Deal Financing, Including Exercise of Over-Allotment Option |
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Jun 19
2014 |
Merus Labs International Inc. Announces Closing of $31.3 Million Bought Deal Financing, Including Exercise of Over-Allotment Option |
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TORONTO, ONTARIO--(Marketwired - June 19, 2014) - Merus Labs International Inc. ("Merus" or the "Company") (TSX:MSL)(NASDAQ:MSLI) is pleased to announce today the closing of its previously announced bought deal financing with a syndicate of investment dealers (the "Underwriters"). Under the financing, Merus issued a total of 18,400,000 common shares ("Shares") at a price of $1.70 per Share, inclusive of 2,400,000 common shares issued pursuant to the exercise in full of the over-allotment option by the Underwriters, for gross proceeds of $31,280,000. |
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| Source:http://www.marketwired.com/mw/release.do?id=1922393&sourceType=3 |
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