CanBanc Income Corp.
TSX : CIC

CanBanc Income Corp.
First Asset

First Asset

September 14, 2010 08:46 ET

CanBanc Income Corp. Announces Exercise of Over-Allotment Option

TORONTO, ONTARIO--(Marketwire - Sept. 14, 2010) - CanBanc Income Corp. (the "Company") (TSX:CIC) announces that the Company's syndicate of agents for its initial public offering has exercised its over-allotment option and acquired an additional 1,027,000 shares of the Company. In total, the Company issued 24,027,000 shares pursuant to its initial public offering, yielding gross proceeds of $240,270,000. The shares are listed on the Toronto Stock Exchange under the symbol CIC.

The syndicate of agents for this offering was led by CIBC World Markets Inc., National Bank Financial Inc. and RBC Capital Markets, and included BMO Capital Markets, Scotia Capital Inc., TD Securities Inc., Canaccord Genuity Corp., HSBC Securities (Canada) Inc., Raymond James Ltd., Wellington West Capital Markets Inc., Dundee Securities Corporation, GMP Securities L.P., Macquarie Private Wealth Inc. and Mackie Research Capital Corporation.

Contact Information

  • First Asset
    Rob MacNiven
    Investor Relations
    416-642-1289 or 1-877-642-1289
    www.firstasset.com