News Image

Stack Capital Group Inc. Announces Best Efforts Financing

Provided By GlobeNewswire

Last update: Oct 15, 2024

NOT FOR DISTRIBUTION TO THE UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

TORONTO, Oct. 15, 2024 (GLOBE NEWSWIRE) -- Stack Capital Group Inc., (the “Company”) (TSX:STCK) is pleased to announce that it has entered into an agreement with Raymond James Ltd., Canaccord Genuity Corp., RBC Capital Markets, and TD Securities Inc., as co-lead agents and joint bookrunners, on behalf of a syndicate of Agents, in connection with a “best efforts” private placement (the “Offering”) of up to 1,318,181 units (the “Units”) of the Company for aggregate gross proceeds of up to $14.5 million, priced at $11.00 per Unit (the “Issue Price”).

Read more at globenewswire.com
Follow ChartMill for more