TransactionsMBAC Fertilizer Corp Closes $42 Million Bought Deal FinancingPublished: 03/08/2011 By Mark T. Bennett, Andrea FitzGerald On February 24, 2011, MBAC Fertilizer Corp. (“MBAC”) completed a bought deal financing of 13,685,000 common shares at a purchase price of $3.10 per common share for gross proceeds to MBAC of $42,423,500. The common shares were sold through a syndicate of underwriters led by Canaccord Genuity Corp. and including BMO Nesbitt Burns Inc., Wellington West Capital Markets Inc. and GMP Securities L.P. Cassels Brock acted for MBAC with a team that included Mark Bennett (Securities and Mining), Andrea FitzGerald (Securities and Mining) and Simon Flood (Securities). |