Skip to main content
Client Work

Greenlane Renewables C$26.5 million bought deal offering

Fasken
Reading Time 1 minute read
Share
  • LinkedIn

Overview

Client

TD Securities Inc.

On January 27, 2021, Greenlane Renewables Inc. closed its previously announced upsized "bought deal" public offering of 12,190,000 common shares at a price of C$2.17 per common share for gross proceeds of approximately C$26,500,000 which includes the full exercise of the underwriters' over-allotment option (the “Offering”). TD Securities Inc. acted as lead underwriter and sole bookrunner on behalf of itself and a syndicate of underwriters including Raymond James Ltd., Haywood Securities Inc., Canaccord Genuity Corp., Beacon Securities Limited, and Paradigm Capital Inc. in connection with the Offering.

Fasken advised TD Securities Inc. with a team led by Richard Steinberg  which included Taisha Lewis, Payton Holliss, Nazish Mirza and Mitchell Thaw.

Jurisdiction

  • Ontario

Team

  • Richard J. Steinberg, Partner, Toronto, ON, +1 416 865 5443, rsteinberg@fasken.com
  • Payton Holliss, Associate, Calgary, AB | Toronto, ON, +1 403 261 9430, pholliss@fasken.com
  • Nazish Mirza, Associate, Toronto, ON, +1 416 865 4553, nmirza@fasken.com