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Strategies & Market Trends : Dino's Bar & Grill -- Ignore unavailable to you. Want to Upgrade?

To: Goose94 who wrote (12548)	5/7/2015 9:19:17 AM
From: Goose94	Read Replies (1) \| Respond to of 202902

Grenville Strategic Royalty (GRC-V) May 7, '15 is pleased to announce that it has closed its previously announced offering (the "Offering") of 17,250,000 common shares of the Company (the "Issued Shares") at a price of $0.80 per Issued Share for aggregate gross proceeds of $13,800,000. The Offering was completed on a "bought deal" basis with a syndicate of underwriters co-led by National Bank Financial Inc. and Haywood Securities Inc. (collectively, the "Underwriters"). The Issued Shares include 2,250,000 common shares sold by the Company pursuant to the over-allotment option granted by the Company to the Underwriters, which was exercised in full. As consideration for their services in connection with the Offering, the Company has paid the Underwriters a cash commission equal to 5.5% of the gross proceeds of the Offering. As previously announced, the Company intends to use the net proceeds from the Offering to finance the future purchase of revenue royalties in the Company's target markets. The securities offered have not been, and will not be, registered under the U.S. Securities Act of 1933, as amended (the "U.S. Securities Act") or any U.S. state securities laws, and may not be offered or sold in the United States or to, or for the account or benefit of, United States persons absent registration or any applicable exemption from the registration requirements of the U.S. Securities Act and applicable U.S. state securities laws. This press release shall not constitute an offer to sell or the solicitation of an offer to buy securities in the United States, nor shall there be any sale of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful. About Grenville Grenville is a Toronto-based company that was formed to provide royalty-based finance solutions by acquiring revenue streams generated by growing industrial and technology businesses. Grenville has identified a large and underserviced finance market for companies generating up to $50 million in revenue, many of which are well managed and generating improving cash flow, but face difficult financing hurdles from traditional debt and equity markets. The non-dilutive royalty financing structure offered by Grenville can be complementary to other financing alternatives or be simple stand-alone capital. Capital can be used in a variety of ways: from working capital needs, to funding acquisitions, buying out minority partners, or just adding a financing alternative to the range of existing capital solutions. The application of Grenville's royalty financing structure into sectors not traditionally serviced by royalty companies represents a new and innovative financing model - Capital Simplified - that has already attracted a considerable number of opportunities with attractive potential returns. Grenville Strategic Royalty Corp.: William (Bill) R. Tharp President and Chief Executive Officer (416) 777-0383