Colabor Income Fund announces the partial exercise of the over-allotment option

BOUCHERVILLE, QUEBEC–(CCNMatthews – Jan. 26, 2007) – Colabor Income Fund (TSX:CLB.UN) (the “Fund”) announced today that the underwriters of its recent offering exercised partially their over-allotment option to purchase 120,000 additional units (the “Units”) at a purchase price of $8.85 per Unit, for gross proceeds of $1,062,000 in relation to its offering completed on January 4, 2007 (the “Offering”) of 2,825,000 subscription receipts at a price of $8.85 per subscription receipt and $50 million aggregate principal amount of 7.0% extendible convertible unsecured subordinated debentures for aggregate gross proceeds of $75 million.




Know more

This entry was posted in Press Release. Bookmark the permalink.

Comments are closed.

Colabor Corporatif