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KGIC Inc LGLTF

"KGIC Inc is an educational organization based in Canada. The company owns and operates private English as a second language school, career colleges and community colleges in Toronto, Vancouver, and Victoria."


GREY:LGLTF - Post by User

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Post by alister33on Dec 30, 2014 2:28pm
110 Views
Post# 23272889

Beginning of the Year Loyalist was given bought deal 11 mil

Beginning of the Year Loyalist was given bought deal 11 mil
And recently a $18.5 MILLION CREDIT FACILITY

LOYALIST ANNOUNCES NEW $18.5 MILLION CREDIT FACILITY

Loyalist Group Ltd. has entered into a new $18.5-million credit facility, replacing the company's current credit facility thus adding an additional $18-million of capital to support Loyalist's growth.

read more: https://www.loyalistgroup.com/news.php?_ajax=&_cmd=view&_bi=&_pg=1&_sq=125&_wt=
 

Loyalist Completes Bought Deal Offering
 
Jan 27, 2014  
 

TORONTO, ONTARIO--(Marketwired - Jan. 27, 2014) - THIS NEWS RELEASE IS INTENDED FOR DISTRIBUTION IN CANADA ONLY AND IS NOT AUTHORIZED FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

Loyalist Group Limited (the "Company") (TSX VENTURE:LOY) is pleased to announce that it has completed its previously announced "bought deal" private placement of common shares (the "Common Shares"), pursuant to which the Company issued 14,300,000 Common Shares at a price per Common Share of $0.70 (the "Issue Price") for aggregate gross proceeds to the Company of $10,010,000 (the "Offering"). The Offering was led by Beacon Securities Limited ("Beacon"), and included Cormark Securities Inc. and Paradigm Capital Inc. (together with Beacon, the "Underwriters").

Read more:
https://www.loyalistgroup.com/news.php?_ajax=&_cmd=view&_bi=&_pg=2&_sq=110&_wt=

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