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CanWel Building Materials Completes $40.2 Million Offering
In connection with its acquisition of California Cascade Industries, CanWel Building Materials Group Ltd. (“CanWel”) completed a bought deal private placement of subscription receipts for aggregate gross proceeds of $40.2 million through a syndicate of underwriters led by GMP Securities L.P., and including Raymond James Ltd., Canaccord Genuity Corp., Haywood Securities Inc., and Cormark Securities Inc.
Wildeboer Dellelce acted for the underwriters with a team that included Troy Pocaluyko, Jeff Hergott, Jamie Bregman and Davia Wang.
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