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Avigilon closes C$69 million bought-deal financing

Fasken
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Avigilon Corporation

On November 26, 2013, Avigilon Corporation (Avigilon) closed a bought deal equity financing. Avigilon issued 2,863,270 common shares at a price of $24.10 per common share for gross proceeds of C$69 million. Avigilon Corporation (TSX:AVO), is a leader in high-definition (HD) and megapixel video surveillance solutions. Fasken Martineau was counsel to Avigilon with a team which included Iain Mant, Steve Saville and Prentice Durbin (securities) and Frank Schober (tax).

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