E-Malt.com News article: 3409

Canada: Brick Brewing Co. Ltd., a craft brewer based in Ontario, has signed a deal to raise $5.1 million in a private placement of units. Trading in Brick shares was halted pending the announcement Tuesday, October 5, Canadian Press. The brewery said it has signed a deal with investment firm Raymond James to be lead agent in a private placement of 3.2 million units priced at $1.60 per unit.

Each unit will include one common share and a common share purchase warrant that will entitle the holder to purchase one additional common share of Brick Brewing for $2 for two years.


10 October, 2004