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The Yield Growth closes IPO

The Yield Growth Corp. closed its IPO of 4,481,500 units at 50 Canadian cents apiece for gross proceeds of about C$2.2 million.

Each unit consists of 1 common share and 1 unit warrant. Each unit warrant is exercisable at C$1.10 for a unit consisting of 1 common share and a second warrant exercisable at C$2.00 for an additional common share.

These warrants expire Dec. 14, 2020.