representative work

Cassels Represents the Underwriters in Organto’s $8 Million Convertible Debenture Offering


On November 12, 2021, Organto Foods Inc. closed an overnight marketed public offering of unsecured convertible debentures for gross proceeds of approximately $8 million, which includes the full exercise of the underwriters’ over-allotment option.

The offering was conducted by a syndicate of underwriters co-led by Beacon Securities Limited and PI Financial Corp. and including Clarus Securities Inc. and Stifel Nicolaus Canada Inc.

Cassels acted for the underwriters.

RELATED EXPERTISE: Securities | Tax & Trusts