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Axis Closes Previously Announced Financing with Total Gross Proceeds of $19M

TORONTOJan. 19, 2018 /CNW/ – Axis Auto Finance Inc. (TSXV:AXIS) (“Axis” or “the Company”), is pleased to announce that it has completed its previously announced marketed financing (the “Offering”). Pursuant to the Offering, Axis issued a total of 27,142,858 subscription receipts (“Subscription Receipts”) at a price of $0.70 per Subscription Receipt for gross proceeds of approximately $19 million. The syndicate of agents was co-led by Canaccord Genuity Corp. and INFOR Financial Inc. and included PI Financial Corporation and Raymond James Ltd.

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Axis Auto Finance Announces Upsize of Previously Announced Financing

TORONTOJan. 17, 2018 /CNW/ – Axis Auto Finance Inc. (TSXV:AXIS) (“Axis” or “the Company”), is pleased to announce today that it has entered into an amended agreement with Canaccord Genuity Corp. and INFOR Financial Inc. (as “Co-Lead Agents”) and including PI Financial Corporation and Raymond James Ltd. (collectively, the “Agents”), to increase the size of the previously announced offering of subscription receipts (the “Subscription Receipts”) of the Company. Under the amended terms of the offering, Axis has agreed to sell an additional 7,285,714 Subscription Receipts, on a private placement basis at a price of $0.70 per Subscription Receipts, for a total of 25,714,285 Subscription Receipts issued under the Offering for total gross proceeds of $18 million (the “Offering”). In addition, the Agents have been granted an option, exercisable in whole or in part at the offer price not later than closing of the Offering, to purchase up to 3,085,714 Subscription Receipts for additional gross proceeds of $2.16 million.

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Scythian Biosciences Announces Aphria as Lead Investor in $20 Million Financing

Scythian Biosciences Corp. (the “Company” or “Scythian“) (TSX VENTURE:SCYB)(FRANKFURT:9SB)(OTCQB:SCCYF) is pleased to announce that it has today entered into an agreement with a syndicate of underwriters led by Clarus Securities Inc. (the “Underwriters“), pursuant to which the Underwriters have agreed to purchase, on a bought deal basis, up to 537,700 units (the “Units“) of the Company at a price of C$18.60 per Unit (the “Offering Price“) for gross proceeds of C$10,001,220. Each Unit will be comprised of one common share of the Company (a “Unit Share“) and one common share purchase warrant (a “Warrant“). Each Warrant will entitle the holder thereof to purchase one common share of the Company at a price of C$22.00 for a period of 24 months following the Closing Date (as defined below).

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Sangoma Announces Sixth Acquisition In Six Years Buying All Key Assets of CCD Division from Dialogic Corporation

MARKHAM, Ontario, Jan. 9, 2018 /PRNewswire/ — Sangoma Technologies Corporation (TSX VENTURE: STC), a trusted leader in delivering Unified Communications solutions for SMBs, Enterprises, OEMs, and Service Providers, both on-premises and in the cloud, today announced the acquisition of all key assets of the Converged Communication Division from Dialogic Corporation.

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Duff & Phelps to be Acquired by the Permira Funds for $1.75 Billion

Duff & Phelps, the premier global valuation and corporate finance advisor, and Permira, the global private equity firm, today announced that a company backed by the Permira funds has agreed to acquire Duff & Phelps for $1.75 billion. Selling equity holders include The Carlyle Group, Neuberger Berman, the University of California’s Office of the Chief Investment Officer of the Regents and Pictet & Cie. As part of the transaction, the Duff & Phelps management team will maintain a significant equity stake in the firm and will continue to lead the company in their current roles. The transaction is subject to customary conditions and is expected to close in the first quarter of 2018.

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