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DHX Media closes C$65 million bought deal offering

Fasken
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Overview

Client

DHX Media Ltd.

On May 2, 2016, DHX announced that it has closed its previously announced bought deal public offering of shares of the Company, comprised of both variable voting shares and common voting shares through a syndicate of underwriters led by Canaccord Genuity Corp. DHX issued 8,667,000 shares at a price of C$7.50 per share for aggregate gross proceeds of C$65 million. Fasken Martineau acted as local counsel in the provinces of British Columbia, Alberta and Ontario to DHX Media with a team that included Bradley Freelan, Steve Saville and David Steinhauer.

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