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Discovery Air Inc. Completes $3.85 Million Initial Public Offering

Published: 04/06/2006

Team: Alexandra Iliopoulos, Jay F. King, John P. Vettese

On April 6, 2006, Discovery Air Inc. ("DA") completed its initial public offering of its Class A common shares for aggregate gross proceeds of $3,850,000, which included the exercise of a $350,000 over-allotment option by GMP Securities L.P., who acted as agent.

A Cassels Brock team represented GMP Securities L.P.