Snobro Enterprises completes CPC IPO

March 30, 2017

On March 30, 2017, Snobro Enterprises Inc., a capital pool company, completed its initial public offering, having issued an aggregate of 20,000,000 common shares at a purchase price of $0.10 per share for gross proceeds to the company of $2 million. The company’s common shares have been listed on the TSX Venture Exchange under the trading symbol “SIQ.P”. Canaccord Genuity Corp. acted as agent.

Erika Lai of Miller Thomson advised Canaccord Genuity with respect to this transaction.