29 04 2016

Canopy Growth Corporation's $11.5 Million common shares offering

Wildeboer Dellelce acted for the underwriters on the transaction


Canopy Growth Corporation (TSXV:CGC) completed a bought deal short form prospectus offering of a total of 5,002,500 common shares at a price of $2.30 per share for gross proceeds of $11,505,750, including the exercise in full of an over-allotment option granted to the underwriters. Canopy Growth Corporation, through its subsidiaries, is a producer of medical marijuana. The firm led by Bruce Linton, Mark Zekulin, Timothy R Saunders and Jordan Sinclair, is based in Smiths Falls (ON). The offering was completed with a syndicate of underwriters led by Dundee Securities Ltd. and including GMP Securities L.P. Wildeboer Dellelce acted for the underwriters in connection with the offering with a team that included Perry Dellelce (Picture), Charlie Malone, Andrea Hill and Rebecca Cochrane (corporate/securities) and John Kutkevicius (tax). Involved fees earner: Perry Dellelce - Wildeboer Dellelce LLP; Charlie Malone - Wildeboer Dellelce LLP; Andrea Hill - Wildeboer Dellelce LLP; Rebecca Cochrane - Wildeboer Dellelce LLP; John Kutkevicius - Wildeboer Dellelce LLP;

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