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Symbility closes bought deal prospectus offering

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Symbility Solutions Inc.

On December 11, 2012, Symbility Solutions Inc. (the “Company”), a progressive software company dedicated to developing applications for the insurance industry, closed a bought deal short form prospectus offering of 22,727,500 common shares of the Company at a price of $0.44 per common share for aggregate gross proceeds of $10,000,100. The Offering was conducted through a syndicate of underwriters led by Cormark Securities Inc. and including Paradigm Capital Inc., Stifel Nicolaus Canada Inc. and Salman Partners Inc. The Company was advised by a team of Fasken Martineau lawyers that included Lisa Marcuzzi (corporate), Alex Nikolic, Jeffrey Gebert and Jennifer Mitchell (securities), and the assistance of Justine Connelly (student-at-law).



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