Enthusiast Gaming Inc. closes oversubscribed subscription receipt financing

1 minute read
19 June 2018
Client work

Team :

Peter Simeon

On June 19, 2018, Enthusiast Gaming Inc. announced that it had completed a private placement offering of subscription receipts for gross proceeds of $7,736,625. The offering was co-led by agents Haywood Securities Inc. and Canaccord Genuity Corp. and included Interward Asset Management Ltd. and PowerOne Capital Markets Limited.

Enthusiast owns and operates an online network of websites devoted to video gaming and Canada's largest video-gaming expo.

Gowling WLG advised the agents with respect to this financing with a team that included Peter Simeon, Marek Lorenc and David Torchetti.

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