Boralex announces the closing of the distribution of 15,000 units.MONTREAL--(BUSINESS WIRE)--April 4, 1997-- Boralex Inc. ("Boralex") (ME:BLX BLX Business Line Expert BLX Basic Launch Complex BLX British Legion of Xbox (gaming clan) ) announces that the closing of the distribution of 15,000 Units (the "Units"), each consisting of 170 Class A Shares and $1,000 principal amount of 7 percent unsecured convertible subordinated Debentures, has been completed today. The underwriting syndicate Underwriting syndicate A group of investment banks that work together to sell new security offerings to investors. The underwriting syndicate is led by the lead underwriter. See also: Lead underwriter. underwriting syndicate See syndicate. for the issue was composed of Levesque Beaubien Geofrion Inc., Midland Walwyn Capital Inc., Nesbitt Burns Inc., CIBC Wood Gundy CIBC Wood Gundy was created in 1988 with the purchase of Wood Gundy Inc. by CIBC. CIBC Wood Gundy is a division of CIBC World Markets. Canadian Imperial Bank of Commerce Chief Executive Officer: Gerald T. McCaughey | FY 2006 Statistics: Net income: $2. Securities Inc., and Desjardins Securities Inc. Boralex intends to use the $30,300,000 proceeds of the distribution for the renovation and construction of hydroelectric, thermal and cogeneration stations throughout Quebec and elsewhere, to make strategic acquisitions within North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. and abroad, and to reimburse certain advances owing to owing to prep. Because of; on account of: I couldn't attend, owing to illness. owing to prep → debido a, por causa de its principal shareholer. Boralex is one of the largest private producers of hydroelectric and thermal power in Quebec. The company is the sole or joint owner of seven hydroelectric generating stations in operation with a total capaicty of 26.8 megawatts (MW), as well as a 31 MW co- generation plant. Boralex also holds interests in six projects, including two hydroelectric generating stations under development and two under review, a co-generation project, as well as a natural gas thermal plant in Tunisia. Employing a multi-disciplinary team of some 50 specialists, Boralex also distinguishes itself with its state of the art control centre which ensure remote management of most planning, operating, moniroting and prevention maintenance activities through dedicated telephone lines. CONTACT: Boralex Inc. Mr. Jacques Gauthier Jacques Gauthier is a vertebrate paleontologist and systematist, and one of the founders of the use of cladistics in paleontology. He received a BS in Zoology at San Diego State University in 1973, a Masters of Science at the same institute in 1980, and a PhD in Paleontology , 514/ 282-2634 or Cascades Inc. Mr. Stephane Milot, 514/ 282-2600 |
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