TORONTO, Jan. 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.