Cable Satisfaction International Inc. Announces the Filing of its Final Prospectus for Financing of $37,500,000.Business Editors MONTREAL--(BUSINESS WIRE)--July 24, 2001 (TSE See Tokyo Stock Exchange. TSE 1. See Tokyo Stock Exchange (TSE). 2. See Toronto Stock Exchange (TSE). :CSQ CSQ Certificat de Sélection du Québec (Quebec selection certificate; immigration document) CSQ Carrier Squelch (radio, scanner) CSQ Customer Satisfaction Questionnaire .A.) A syndicate of underwriters jointly led by Canaccord Capital Corporation, CIBC World Markets CIBC World Markets is the investment banking division of the Canadian Imperial Bank of Commerce. It helps governments, large companies, and other large institutions obtain capital and credit and is a primary dealer in U.S. Treasury securities. Inc. and TD Securities Inc., and including National Bank Financial Inc., has agreed to purchase from Cable Satisfaction International Inc. ("Csii") 9,375,000 subordinate voting shares Voting Shares Shares that give the stockholder the right to vote on matters of corporate policy making as well as who will compose the members of the board of directors. Notes: Different classes of shares, such as preferred stock, sometimes don't allow for voting rights. at a price of $4.00 per share, for a total amount of $37,500,000, subject to customary closing conditions. This offering is being made pursuant to a final short form prospectus filed in all provinces of Canada on July 24, 2001. Csii received a commitment from Capital Communications CDPQ CDPQ Caisse de Dépôt et de Placement du Québec Inc. (CDP CDP (cytidine diphosphate): see cytosine. (1) (Certificate in Data Processing) An earlier award for the successful completion of an examination in hardware, software, systems analysis, programming, management and accounting, ), a subsidiary of the Caisse de depot et placement du Quebec, to purchase, concurrently with the closing of the offering, 9,375,000 subordinate voting shares at the offering price for an aggregate amount of $37,500,000. The closing of this concurrent private placement with CDP is a condition of closing of the above-mentioned offering. The net proceeds of the offering and the concurrent private placement will be used to fund the development and construction of Csii's national fibre-optic backbone, its regional hybrid fibre-optic coaxial ("HFC 1. (networking) HFC - Hybrid Fiber Coax. 2. (hardware) HFC - hydrofluorocarbon. ") networks and the related infrastructure in Portugal. Csii builds and operates broadband HFC networks, and through its subsidiary, Cabovisao - Televisao Por Cabo, S.A., provides cable television, high-speed Internet and telephony services in Portugal. This news release shall not constitute an offer to sell or the solicitation of an offer to buy the securities in any jurisdiction. The subordinate voting shares offered by the short form prospectus have not been and will not be registered under the U.S. Securities Act of 1933 and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of such Act. The statements in this release and oral statements made by representatives of Csii relating to matters that are not historical facts (including, without limitation, those regarding the timing or outcome of any financing undertaken by Csii) are forward-looking statements that involve risks and uncertainties, including, but not limited to, general business and economic conditions, the condition of the financial markets, the ability of Csii to obtain financing on favourable terms and the other risks and uncertainties detailed in the preliminary short form prospectus and Csii's permanent information record. The subordinate voting shares of Csii are listed on The Toronto Stock Exchange Toronto Stock Exchange (TSE) Canada's largest stock exchange, trading approximately 1,200 company stocks and 33 options. . http://www.csii.ca |
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