On March 1, 2019, Firm Capital Mortgage Investment Corporation (TSX: FC) announced that it had closed its previously announced bought deal offering of common shares, which includes the exercise in full by the underwriters of their option to purchase additional shares, for gross proceeds of approximately $23 million.

The offering was underwritten by a syndicate of underwriters that was led by CIBC Capital Markets, National Bank Financial Inc. and Scotiabank, and which included RBC Capital Markets, TD Securities Inc., Canaccord Genuity Corp., Desjardins Securities Inc., Industrial Alliance Securities Inc., Echelon Wealth Partners Inc. and GMP Securities L.P.

Gowling WLG advised the underwriters with a team that included Bryce Kraeker and Radhika Vaidyanathan (corporate/securities), Rosa Lupo (real estate), and Paul Carenza and Mariam Al-Shikarchy (tax).