trending Market Intelligence /marketintelligence/en/news-insights/trending/szKNBS2YJiI7cd7GgW0gTg2 content esgSubNav
In This List

Routemaster announces private placement of common shares

Podcast

Street Talk Episode 87

Blog

A New Dawn for European Bank M&A Top 5 Trends

Blog

Insight Weekly: US banks' loan growth; record share buybacks; utility M&A outlook

Blog

Banking Essentials Newsletter 2021: December Edition


Routemaster announces private placement of common shares

Routemaster Capital Inc announced a non-brokered private placement financing of up to 10 million common shares for gross proceeds of up to C$1 million.

Closing of the financing is expected to occur on or about Dec. 15. The shares will be subject to a statutory hold period of four months and one day. Completion is subject to a number of conditions including receipt of TSX Venture Exchange approval.

Routemaster may pay finder's fees in cash of up to 6% of gross proceeds of the financing. It intends to use the proceeds for general corporate purposes.