By Laura Lutz
Des Moines, Nov. 27 - Neptune Technologies & Bioressources Inc. closed a private placement of shares for C$4.5 million.
The company sold 1.5 million shares at C$3.00 each.
J.F. Mackie & Co. Ltd. acted as lead agent, and Caldwell Securities Ltd., Brant Securities Ltd. and Acument Capital Finance Partners Ltd. acted as sub-agents for C$4,255,299 of the deal.
Based in Laval, Quebec, Neptune Technologies develops nutritional products from marine biomasses.
| Issuer: | Neptune Technologies & Bioressources Inc.
|
| Issue: | Shares
|
| Amount: | C$4.5 million
|
| Shares: | 1.5 million
|
| Price: | C$3.00
|
| Warrants: | No
|
| Agent: | J.F. Mackie & Co. Ltd. (lead), Caldwell Securities Ltd., Brant Securities Ltd., Acument Capital Finance Partners Ltd.
|
| Settlement date: | Nov. 24
|
| Stock symbol: | TSX Venture: NTB
|
| Stock price: | C$3.41 at close Nov. 24
|
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