Date closed: 6/2/2016
Value: C$6.2 million
On June 2, 2016, Canaccord Genuity Corp. completed a private placement of C$5.2 million with Critical Elements Corp., a TSX Venture Exchange listed issuer.
Critical Elements Corporation closed its private placement of 16,750,000 common shares at a price of C$0.37 per share, which includes 2,750,000 common shares issued pursuant to the exercise in full of the over-allotment option, for gross proceeds totaling C$6,197,500. The private placement was led by Canaccord Genuity Corp.
BLG represented Canaccord Genuity Corp. with a team led by Michael Waters that included Maxime Lemoyne, Nathalie Duceppe and Perry Feldman.