Transactions

Transactions

Overview

VersaPay Corporation Completes Private Placement

May 07, 2015

VersaPay Corporation (“VersaPay”) (TSX-V: VPY), a leading provider of cloud-based payment solutions, completed a bought deal private placement of 3,457,144 units for gross proceeds of approximately $4.8 million.

The units were sold pursuant to an underwriting agreement between VersaPay and a syndicate of underwriters led by Haywood Securities Inc. and including Cormark Securities Inc.

Wildeboer Dellelce LLP acted for the underwriters with a team that included Robert Fonn, Jeff Hergott, Michael Rennie and Lara Wharton (corporate/securities).