AGI Issues Common Shares to Raise Proceeds

Ag Growth International Inc. has entered into an agreement with a syndicate of underwriters led by CIBC Capital Markets, National Bank Financial Inc. and TD Securities Inc. pursuant to which AGI will issue common shares to raise gross proceeds of approximately $60 million. 

AGI has also granted the underwriters an over-allotment option. If the over-
allotment option is fully exercised, the total gross proceeds to AGI will be approximately $70 million.

The net proceeds of the offering will be used to repay outstanding indebtedness, to pursue potential acquisition opportunities and for working capital and general corporate purposes.

Westfield (AGI)  – Member since 1996  aggrowth.com