Symbility Solutions Inc. completes C$10 million bought deal financing

Closing Date: 12/11/2012

Value: C$10 million

On December 11, 2012, Symbility Solutions Inc. (the Company) completed a bought deal financing of 22,727,500 common shares of the Company (Shares) through a short form prospectus at a price of $0.44 per Share for aggregate gross proceeds of $10,000,100.

The offering was made through a syndicate of underwriters led by Cormark Securities Inc., and including Paradigm Capital Inc., Stifel Nicolaus Canada Inc. and Salman Partners Inc. (collectively, the Underwriters).

The Underwriters were represented by BLG with a team that included Philippe Tardif, Dolores Di Felice, Liz Ng and Bek Abdurazzakov (corporate & securities).