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COTT CORPORATION FILES FOR OFFERING

 MISSISSAUGA, Ont., March 2 /PRNewswire/ - Cott Corporation of Mississauga today announced that it has filed a final prospectus in certain Canadian provinces and in the United States relating to an offering of 1,100,000 common shares for gross proceeds of U.S. $32,175,000 (approximately Canadian $40,203,000 based on current exchange rates). In addition, the underwriters have been granted an option to purchase an additional 100,000 common shares (at a price of U.S. $29.25 per share) to cover over-allotments.
 The underwriting group consists of First Marathon Securities Limited in Canada and Oppenheimer & Co., Inc., First Marathon (U.S.A.) Inc. and Wessels, Arnold & Henderson in the United States. The company said that the proceeds of the offering will be used for working capital and expansion of its bottling capacity.
 -0- 3/02/93
 /CONTACT: Fraser D. Latta, vice chairman and chief operating officer of Cott Corporation, 416-672-1900/


CO: Cott Corporation ST: Ontario IN: SU:

AH -- NY087 -- 2025 03/02/93 14:17 EST
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Publication:PR Newswire
Date:Mar 2, 1993
Words:170
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