Date closed: 7/26/2016

Value: C$27.2 million

On July 26, 2016, Black Diamond Group Ltd. closed its bought deal common share financing with a syndicate of underwriters led by Raymond James Ltd. and including BMO Capital Markets, Acumen Capital Finance Partners Limited, Cormark Securities Inc. and Peters & Co. Limited. At closing, a total of 5,394,180 common shares of the Company were issued at a price of C$5.05 per common share, including 490,380 common shares issued in conjunction with the exercise in full of the over-allotment option granted to the Underwriters, for aggregate gross proceeds of C$27,240,609.

BLG represented Raymond James Ltd. with a team led by Perry Feldman that included Joshua Weinberger and Emily Stanhope.