Amica Mature Lifestyles Inc. (TSX: ACC) has filed a preliminary short form prospectus related to the issuance of the 2,655,000 common shares (the Offering) with the securities commissions and other regulatory authorities in each province of Canada, excluding Quebec.
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Through the Offering, Amica will issue to the public 2,655,500 shares for $5.65 per share on a bought deal basis. Amica granted an overallotment option to the underwriters which can be exercised for up to 30 days following the closing, to acquire an additional 398,250 common shares of the company. If the option for overallotment is fully exercised, the total gross proceeds will be around $17,250,863.
Amica Mature Lifestyles Inc., a Vancouver based public company, is a leader in the management, marketing, design and development of luxury housing and services for mature lifestyles.
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