Wire
Elevate Service Down 6.3% as it Upsizes Bought Deal Private Placement to C$10 Million
Elevate Service Group (SERV.V) shares fell 6.3% on Friday after it increased its "bought deal" private placement for proceeds of up to C$10 million from C$7 million, it said in a statement on Friday.The company will now issue 5.26 million common shares at C$1.90 apiece. Closing of the offering is expected on or about July 16, subject to conditions.Shares of the company were last seen down C$0.13 at C$1.97 on the TSX Venture Exchange.Price: $1.97, Change: $-0.13, Percent Change: -6.19%
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