Silent Witness Closes $15M (CDN) Equity Financing
SURREY, British Columbia, Canada
Video monitoring technology provider Silent Witness has completed the sale of 1,395,351 special warrants to Canaccord Capital Corp. for gross proceeds of $15 million (CDN). Of the amount raised, $5 million (CDN) of the proceeds will be held in escrow subject to shareholder approval. The balance will be used to retire outstanding bank debt.
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