Another new capital pool company is born in Ottawa, following the successful completion of YOW Capital Corp.'s initial public offering.
YOW said it raised gross proceeds of $325,000 through the issuance of 3.25 million common shares at 10 cents each to investors in Alberta, British Columbia and Ontario.
The company now expects to trade on the TSX Venture Exchange under the trading symbol YOW.P within the next few days, following the exchange's final approval of the listing.
Gowling Lafleur Henderson LLP acted as legal counsel to YOW, while Investpro Securities Inc. acted as agent for the offering and received a commission of 10 per cent of the gross proceeds, compensation options, and a corporate finance fee.
* To print this page, click on the "Printer Friendly Version" link above. When the new
window opens, right-click with your mouse in the new window and select "Print".
