Brompton Lifeco Split Corp.
TSX : LCS
TSX : LCS.PR.A

Brompton Lifeco Split Corp.

April 30, 2007 10:13 ET

Brompton Lifeco Split Corp. Closes Overallotment

TORONTO, ONTARIO--(CCNMatthews - April 30, 2007) - Brompton Lifeco Split Corp. (TSX:LCS)(TSX:LCS.PR.A) is pleased to announce that it has completed the issuance of an additional 150,000 preferred shares at $10 per share and 150,000 Class A shares at $15 per share representing total gross proceeds of $3,750,000. This issuance was pursuant to the exercise of the over-allotment option granted to the agents in connection with the Company's recently completed initial public offering. With the exercise of the over-allotment option, the total amount raised by the Company was $76,750,000.

The syndicate of agents for the offering is being co-led by RBC Capital Markets, CIBC World Markets Inc., and Scotia Capital Inc., and includes BMO Nesbitt Burns Inc., TD Securities Inc., National Bank Financial Inc., HSBC Securities (Canada) Inc., Canaccord Capital Corporation, Desjardins Securities Inc., Dundee Securities Corporation, Raymond James Ltd., Wellington West Capital Inc., Blackmont Capital Inc., IPC Securities Corporation and Research Capital Corporation.

For further information, please contact your financial advisor or visit our website at www.bromptongroup.com.

Commissions, trailing commissions, management fees and expenses all may be associated with investment funds. Please read the fund's publicly filed documents which are available from SEDAR at www.sedar.com. Investment funds are not guaranteed, their values change frequently and past performance may not be repeated.

Contact Information

  • Brompton Funds Management Limited
    David E. Roode
    Senior Vice-President
    (416) 642-6008
    Website: www.bromptongroup.com