Fixt Wireless receives growth capital commitments from Grenville Strategic Royalty and partners

April 25, 2017

On April 25, 2017, Grenville Strategic Royalty Corp. (TSXV: GRC) announced that it had signed a royalty purchase agreement with Fixt Wireless Inc. to provide $125,000 in growth capital. Grenville’s investment partners, Foregrowth Holdco Inc. and Darwin Strategic Royalty Corp., invested alongside Grenville, for a total commitment from the three parties of $250,000 to Fixt.

Fixt is a privately-held, emerging national leader in the B2B and B2C Canadian wireless repair space.

Miller Thomson advised Fixt with respect to the negotiation of this agreement with a team that included Ken Chun and Jay Sernoskie.