pcNewsWire – Builders Capital Mortgage Corp. (TSX-V: BCF) has closed previously announced offering of 219,975 Class A non-voting shares of $10.00 per Class A non-voting share for gross proceeds of $2,199,750. PI Financial Corp. acted as agent for the offering.
Net proceeds will be deployed in the business immediately.
News Release
For Immediate Release
BUILDERS CAPITAL MORTGAGE CORP. ANNOUNCES COMPLETION OF PUBLIC OFFERING FOR GROSS PROCEEDS OF $2,199,750
Calgary, Alberta – May 31, 2017 – Builders Capital Mortgage Corp. (the “Corporation”) (TSXV:BCF) is pleased to announce that it has closed its public offering of 219,975 Class A non-voting shares (“Class A Non-Voting Share”) of $10.00 per Class A non-voting share (the “Offering Price”), for gross proceeds of $2,199,750 (the “Offering”). The net proceeds will be deployed in the business immediately.
PI Financial Corp. acted as agent for the Offering (the “Agent”).
For further information, please contact:
John Strangway, Chief Financial Officer
Telephone: (403) 685-9888
Builders Capital Mortgage Corp.
Suite 405, 1210 – 8th Street SW
Calgary, Alberta T2R 1L3
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
SOURCE: Builders Capital Mortgage Corp.
