CanWel Building Materials Completes $40.25 Million Bought Deal Public Financing

April 18, 2017

CanWel Building Materials Group Ltd. (TSX: CWX) completed a bought deal short form prospectus offering of a total of 6,598,470 common shares (“Shares”) at a price of $6.10 per Share for gross proceeds of approximately $40.25 million (the “Offering”). The Offering was completed with a syndicate of underwriters led by GMP Securities L.P. and including National Bank Financial Inc., Canaccord Genuity Corp., Haywood Securities Inc., Raymond James Ltd. and Cormark Securities Inc. (collectively, the “Underwriters”).

Wildeboer Dellelce acted for the Underwriters in connection with the Offering with a team that included Jeff Hergott, Troy Pocaluyko, Ragu Anantharajah and Carlye Bellavia (corporate/securities) and Richard Lewin (tax).