Capstream Ventures closes $10.1 million private placement

August 29, 2016

On August 29, 2016, Capstream Ventures Inc. (TSXV: CSP) announced that it had closed a private placement of 20,242,600 common shares at a price of $0.50 per share for gross proceeds of $10,121,300.

PI Financial Corp. acted as agent with respect to a portion of the private placement.

Miller Thomson advised PI Financial in this transaction with a team that included Kevin Sorochan and Erika Lai.