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Wanted Technologies Corporation V.WAN



TSXV:WAN - Post by User

Post by martinboumon Dec 11, 2013 11:34am
233 Views
Post# 21994453

GMP Securities & Desjardins Securities is sealed.

GMP Securities & Desjardins Securities is sealed.Desjardins Venture Capital and Desjardins-Innovatech complete the sale of shares of Wanted Technologies Corporation

Desjardins Venture Capital and Desjardins-Innovatech complete the sale of shares of Wanted Technologies Corporation

MONTREAL, Dec. 11, 2013 /CNW Telbec/ - Desjardins Venture Capital L.P. ("Desjardins Venture Capital") and Desjardins-Innovatech L.P. ("Desjardins-Innovatech"), both limited partnerships of which Desjardins Venture Capital Inc. is the general partner, announced today that they have completed the previously announced sale of common shares of Wanted Technologies Corporation (the "Common Shares") held by Desjardins Venture Capital and Desjardins-Innovatech (the "Secondary Sale") to GMP Securities L.P. and Desjardins Securities Inc. (the "Underwriters") on a "bought-deal" basis, representing approximately 37.44% of currently outstanding Common Shares. The Underwriters intend to resell the Common Shares to investors on a private placement basis.

Further to the closing of the Secondary Sale, Desjardins-Innovatech and Desjardins Venture Capital no longer hold any Common Shares.

About Desjardins Venture Capital Inc.

Desjardins Venture Capital inc. manages the assets of several funds, including Desjardins Venture Capital L.P. and Desjardins-Innovatech L.P. More than a financial partner, we provide capital, business network and expertise to assist companies and cooperatives in their growth, expansion, mergers, acquisitions or IPO.

Neither TSX Venture Exchange nor its Regulation Services Provider (as these terms are defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

SOURCE Desjardins Capital de risque

For further information:

Richard Lacasse
Advisor, Media Relations
Desjardins Group
418-835-8444 or 1-866-835-8444, ext. 3163
media@desjardins.com



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