Grande West Transportation Group Inc.’s $13.6 Million Bought Deal Financing


Cassels Brock acted for the underwriters

Grande West Transportation Group Inc. completed a bought deal private placement of common shares of the company, at a price of $1.90 per share for gross proceeds of $13,680,000. A total of 7,200,000 shares were sold pursuant to the offering, including 870,000 shares issued as a result of the full exercise of the underwriters’ over-allotment option. The offering was conducted by a syndicate of underwriters led by Beacon Securities Limited and including Echelon Wealth Partners Inc.

Cassels Brock acted for the underwriters with a team that included Jay King (Picture) and James Lyle (Securities) and Alison Hayman (Intellectual Property).

Involved fees earner: Jay King – Cassels Brock & Blackwell LLP; James Lyle – Cassels Brock & Blackwell LLP; Alison Hayman – Cassels Brock & Blackwell LLP;

Law Firms: Cassels Brock & Blackwell LLP;

Clients: Beacon Securities Limited; Echelon Wealth Partners Inc.;

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Author: Ambrogio Visconti