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| Home : OrganiGram Announces Closing of $40M Bought Deal Financing |
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Dec 08
2016 |
OrganiGram Announces Closing of $40M Bought Deal Financing |
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MONCTON, NEW BRUNSWICK--(Marketwired - Dec. 7, 2016) - OrganiGram Holdings Inc. (TSX VENTURE:OGI)(OTCQB:OGRMF) ("OrganiGram" or the "Company") is pleased to announce that it has closed its previously announced short form prospectus offering, on a bought deal basis, including the full exercise of the over-allotment option. As such, a total of 11,339,000 common shares of the Company (the "Shares") were sold at a price of $3.55 per Share, for aggregate gross proceeds of $40,253,450 (the "Offering"). The Offering was completed by a syndicate of underwriters led by Dundee Securities Ltd., and including GMP Securities L.P., Mackie Research Capital Corporation, PI Financial Corp. and Cormark Securities Inc. |
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| Source:http://www.marketwired.com/mw/release.do?id=2181471&sourceType=3 |
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