ENP Newswire -
Release date- 04072014 -
The offering is expected to close on or about
The offering is subject to the approval of the
The underwriters shall be paid a cash fee equal to 5.5 per cent of the gross proceeds of the offering. A reduced commission of 2.75 per cent shall apply to gross proceeds from subscriptions received from certain investors identified by the company.
Ceiba intends to use the net proceeds of the offering to reduce indebtedness, to expand the capacity of existing facilities, to advance greenfield projects and for general working capital purposes.
Chief Financial Officer and Corporate Secretary
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