RYU Apparel closes short form prospectus offering

July 25, 2017

On July 25, 2017, RYU Apparel Inc. (TSXV: RYU) (Frankfurt Stock Exchange: RYA) announced that it had closed its previously announced short form prospectus offering of units, including the full exercise of the over-allotment option, raising gross proceeds of $3,737,500.02. Each unit consists of one common share of RYU and one transferable common share purchase warrant.

Canaccord Genuity Corp. acted as agent with respect to the sale of the units.

Miller Thomson advised Canaccord Genuity in this matter with a team that included Dwight Dee, Kevin Sorochan and Erika Lai (securities) and Lisa Sim (IP).