Baylin Technologies closes public offering of common shares

December 22, 2016

On December 22, 2016, Baylin Technologies Inc. (TSX: BYL) announced that it had completed a prospectus offering of 3,108,450 common shares of the company, which included the exercise in full of the over-allotment option granted to the agents, for aggregate gross proceeds of $5,750,633. The offering was completed through a syndicate of agents including Paradigm Capital Inc. and Raymond James Ltd.

Baylin is a leading global wireless technology management company which actively seeks to acquire wireless ventures from around the world that have unique technologies and/or products with strong growth potential.

Miller Thomson was counsel to Baylin in this transaction with a team that included Pierre Soulard, Mack Hosseinian and Victoria De Luna.