a close up of a pen


Aphria Inc Closes C$75 Million Bought Deal Offering

Date closed: 5/9/2017

Value: C$75 million

On May 9, 2017, Aphria Inc. (Aphria) (TSX: APH) closed its bought deal public offering of common shares for aggregate gross proceeds of $75,000,120. Clarus Securities Inc. acted as lead underwriter for a syndicate of underwriters including Cormark Securities Inc., Canaccord Genuity Corp. and PI Financial Corp.

Aphria, headquartered in Leamington, Ontario, produces, supplies and sells medical cannabis.

BLG is representing the underwriters with a team led by Andrew Powers that included Joe DiPonio.