Offering sells 990,868 of the company's common shares at C$9.07 each
By Devika Patel
Knoxville, Tenn., July 30 - Park Lawn Corp. said it settled an C$8.99 million private placement of stock with investors, including The Fox Hat Equities Ltd.
The company sold 990,868 common shares at C$9.07 per share. The price per share is a 0.78% premium to the July 29 closing share price of C$9.00.
Based in Toronto, Park Lawn owns and operates cemeteries.
| Issuer: | Park Lawn Corp.
|
| Issue: | Common shares
|
| Amount: | C$8,987,173
|
| Shares: | 990,868
|
| Price: | C$9.07
|
| Warrants: | No
|
| Investors: | The Fox Hat Equities Ltd.
|
| Settlement date: | July 30
|
| Stock symbol: | TSX Venture: PLC
|
| Stock price: | C$9.00 at close July 29
|
| Market capitalization: | C$31.55 million
|
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