UGE International closes bought deal private placement

June 27, 2017

On June 27, 2017, UGE International Ltd. (TSXV: UGE) (OTCQB: UGEIF), a leader in renewable energy solutions for the commercial and industrial sector, announced that it had closed its previously announced bought deal private placement offering of units.

The offering was fully subscribed, including the over allotment option, for aggregate gross proceeds of $2,070,000.

The underwriters were led by Canaccord Genuity Corp., and included PI Financial Corp. and Haywood Securities Inc.

Miller Thomson advised the underwriters with respect to this transaction with a team that included Kevin Sorochan, Dwight Dee and Blair Lowther.