Ergoresearch announced on February 27, 2014 the completion of a secondary offering of $15,000,000 in common shares and a treasury offering of $5,000,000 in common shares completed by way of private placement through an underwriting syndicate led by GMP Securities L.P. and which included Laurentian Bank Securities Inc. Michel Boislard and Jean-Pierre Chamberland of Fasken Martineau represented Ergoresearch in this transaction.