CO2 Solutions closes private placement of units for gross proceeds of $3.8 million

1 minute read
01 June 2015

On June 5, 2015, CO2 Solutions Inc. announced the closing of its previously announced offering by way of a private placement, having issued 15,218,400 units, at a price of $0.25 per unit, representing aggregate gross proceeds of $3,804,600.

Euro Pacific Canada Inc., lead agent and bookrunner, and Industrial Alliance Securities Inc. acted as agents for the offering.

CO2 Solutions is an innovator in the field of enzyme-enabled carbon capture and has been actively working to develop and commercialize the technology for stationary sources of carbon pollution.

Euro Pacific Canada is a full service IIROC registered brokerage firm headquartered in Toronto, with offices in Montréal, Vancouver and Tokyo, Japan.

Gowlings advised the agents with respect to this private placement with a team led by Vanessa Grant, and that included Anita Nador, Steven Cutler and David Morrison.

NOT LEGAL ADVICE. Information made available on this website in any form is for information purposes only. It is not, and should not be taken as, legal advice. You should not rely on, or take or fail to take any action based upon this information. Never disregard professional legal advice or delay in seeking legal advice because of something you have read on this website. Gowling WLG professionals will be pleased to discuss resolutions to specific legal concerns you may have.