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rory_cattenach

LATEST FIRM TRANSACTION

ICC International Cannabis Corporation Completes $23 Million Bought Deal Financing

November 22, 2017

ICC International Cannabis Corporation (TSXV: ICC), a company in the business of licensed production, development and sale of recreational cannabis, cannabinoid extracts and by-products for medicinal uses and industrial hemp with operations in Uruguay, completed a bought deal public offering of 23 million units for aggregate gross proceeds of $23 million, including the exercise in full of the underwriter’s over-allotment option (the “Offering”). The Offering was underwritten by a syndicate of underwriters led by GMP Securities L.P. and including Haywood Securities Inc. and PI Financial Corp.

Wildeboer Dellelce LLP acted for the underwriters in connection with the Offering with a team that consisted of Jeff Hergott, Rob Wortzman, Michael Rennie, Amir Torabi and Tajrin Nayeem (corporate/securities) and Katy Pitch (tax).

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