REGINA, SASKATCHEWAN--(Marketwired - June 3, 2013) -
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES.
Information Services Corporation ("ISC" or the "Company") and Crown Investments Corporation of Saskatchewan ("CIC") announces that ISC has filed and obtained a receipt for a preliminary prospectus with respect to an initial public offering by way of secondary offering of Class A Limited Voting Shares ("Class A Shares") with the securities regulatory authorities of all provinces and territories in Canada. A copy of the preliminary prospectus will be available on SEDAR (www.sedar.com) by searching Information Services Corporation.
The offering is being made through a syndicate of underwriters led by RBC Capital Markets and including CIBC, BMO Capital Markets, Scotiabank, TD Securities Inc., GMP Securities L.P., National Bank Financial Inc., Canaccord Genuity Corp., Dundee Securities Ltd., Mackie Research Capital Corporation, Manulife Securities Incorporated, MGI Securities Inc. and PI Financial Corp.
The preliminary prospectus has not yet become final for the purpose of a distribution of securities to the public. This press release does not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sale or any acceptance of an offer to buy these securities in any province or territory of Canada prior to the time a receipt for the final prospectuses or other authorization is obtained from the securities commission or similar regulatory authority in such province or territory. Completion of the initial public offering of securities is subject to and conditional upon the receipt of all necessary approvals, including regulatory approvals.
ISC is a provider of registry and information services to the province of Saskatchewan. The Company is the exclusive provider of the Land Titles Registry, Land Surveys Directory, Personal Property Registry and Corporate Registry in Saskatchewan, which are key supporters of economic activity in the province.
Forward Looking Information: This release contains forward-looking information within the meaning of applicable Canadian securities legislation, including statements respecting the completion of the offering and the use of offering proceeds. Forward-looking information involves known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those expressed or implied by such forward-looking information. In addition, the forward-looking information contained in this release is based upon what management believes to be reasonable assumptions. Readers are cautioned not to place undue reliance on forward-looking information as it is inherently uncertain and no assurance can be given that the expectations reflected in such information will prove to be correct. The forward-looking information in this release is made as of the date hereof and, except as required under applicable securities legislation, ISC assumes no obligation to update or revise such information to reflect new events or circumstances.
The securities of ISC have not been registered under the United States Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements. This release is issued for informational purposes only and does not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of any securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.