On August 4, 2021, EverGen Infrastructure Corp. completed its initial public offering of 3,080,000 units at a price of $6.50 per unit for aggregate gross proceeds of approximately $20 million. Each unit consists of one common share of EverGen and one-half of one common share purchase warrant. Each whole common share purchase warrant entitles the holder thereof to purchase one common share of EverGen at an exercise price of $10.50 until August 4, 2023.
EverGen’s common shares are listed and posted for trading on the TSX Venture Exchange under the symbol “EVGN”.
The offering was conducted by a syndicate of underwriters led by Desjardins Capital Markets, Clarus Securities Inc., Echelon Wealth Partners Inc. and RBC Capital Markets acting as co-lead underwriters and joint bookrunners, together with Haywood Securities Inc. and PI Financial Corp.
Cassels acted for the underwriters.