Isis Lab Corporation Completes Private PlacementAugust 08, 2014
ISIS Lab Corporation (TSX-V: LAB) (“Isis”) completed a brokered private placement offering (the “Offering”) of Series 2014-B 12% unsecured debentures denominated at $1,000 (the “Debentures”) by issuing 861 Debentures for total gross proceeds of $861,000. Subscribers of the Debentures also received 195 bonus common shares in the capital of Isis (the “Bonus Shares”) per Debenture with a total of 167,895 Bonus Shares issued at a deemed price of $0.41 per Bonus Share. Mackie Research Capital Corporation (the “Agent”) acted as the agent for the Offering.
Wildeboer Dellelce LLP acted for the Agent in connection with the Offering with a team that included Vaughn MacLellan, Jeff Hergott and Michael Rennie (corporate/securities) and James Padwick (debt products).
Mackie Research Capital Corporation
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