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Avante Logixx Inc. Announces Closing of Bought Deal Public Offering of Common Shares for Aggregate Gross Proceeds of $8,625,000
Posted on Tuesday June 12, 2018
Avante Logixx Inc. (XX.V) (“Avante” or the “Company”) is pleased to announce that it has completed its previously announced offering, on a “bought deal” basis, pursuant to a short form prospectus, including the full exercise of the over-allotment option (the “Offering”). A total of 21,562,500 common shares of the Company (“Shares”) were sold at a price of $0.40 per Share, for aggregate gross proceeds to the Company of $8,625,000. “We are extremely pleased with the success of this offering and look forward to continuing to execute upon our business plan,” added Craig Campbell, Chief Executive Officer of the Company.
In connection with the filing today by Avante Logixx Inc. (XX.V) (“Avante” or the “Company”) of a preliminary short form prospectus in respect of the bought deal public offering previously announced on May 23, 2018, the Company has announced that it will re-file its unaudited interim consolidated financial statements for the three and nine month periods ended December 31, 2017, together with the notes thereto (the “Fiscal 2018 Q3 Financial Statements”) and the applicable management’s discussion and analysis of the financial condition and results of operations of the Company, as the previously filed Fiscal 2018 Q3 Financial Statements had not been reviewed by the auditors of the Company, as permitted by applicable securities law.
Avante Logixx Inc. Announces Grant of Incentive Options
Posted on Wednesday April 04, 2018
TORONTO, April 04, 2018-- Avante Logixx Inc. announced today that, effective today, it granted options to acquire an aggregate of 75,000 common shares to Andrew Coles, a recent appointment to the Company’ ...
Avante Announces Internal Corporate Reorganization and Plans for Further Reorganization of Business Operations
Posted on Tuesday April 03, 2018
Avante Logixx Inc. today announced plans to implement a new enterprise structure that will align the organization of the Company’ s business operations with its core growth strategies. Under the new design, ...