By Laura Lutz
Des Moines, Sept. 21 - Sylogist Ltd. arranged a private placement of stock for C$5 million.
The company will sell common shares for C$1.90 each.
Canaccord Capital Corp., the underwriter for the deal, has a 20% over-allotment option.
Calgary, Alta.-based Sylogist is a provider of information management and technology services for government and industry.
| Issuer: | Sylogist Ltd.
|
| Issue: | Stock
|
| Amount: | C$5 million
|
| Greenshoe: | For 20%
|
| Price: | C$1.90
|
| Warrants: | No
|
| Underwriter: | Canaccord Capital Corp.
|
| Pricing date: | Sept. 21
|
| Stock symbol: | TSX Venture: SYZ
|
| Stock price: | C$2.04 at close on Sept. 21
|
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