Cassels Brock Acts for the Underwriters in Amica Mature Lifestyles' $24.8 Million Public Offering

Published: 05/15/2012

By Jay F. King, Carolyn L. Stroz, John P. Vettese

On May 15, 2012, Amica Mature Lifestyles Inc. (“Amica”) completed its public offering of 2,750,000 common shares by way of short form prospectus, for aggregate gross proceeds of $24,800,000. 

The syndicate of underwriters for the Offering was led by Canaccord Genuity Corp. and included National Bank Financial Inc., CIBC World Markets Inc., GMP Securities L.P., BMO Nesbitt Burns Inc., Raymond James Ltd. and TD Securities Inc. (the “Underwriters”).

The Underwriters also have an option to purchase up to an addition 412,500 common shares, exercisable for a period of 30 days following the closing of the offering.  If the over-allotment option is exercised in full, the aggregate gross proceeds of the offering will be approximately $28,500,000.

Cassels Brock acted as counsel to the underwriters with a team that included John Vettese (Securities), Jay F. King (Securities), Jonathan Tkatch (Securities) and Carolyn Stroz (Student).