Marble, columns and stairs
May 4, 2015

On May 4, 2015, Patient Home Monitoring Corp. (TSXV:PHM) completed a bought deal private placement of common share units, led by Mackie Research Capital Corporation and including GMP Securities L.P. and Beacon Securities Limited, for gross proceeds of $67.3 million. Under the private placement, the underwriters purchased 44,850,000 units of PHM at a price of $1.50 per unit, for gross proceeds of $67,275,000, which included the full exercise of the over-allotment option. The net proceeds from the offering will be used by PHM for acquisition purposes and general working capital. PHM retained McMillan for the transaction; with a team led by Robbie Grossman, which consisted of Money Khoromi, David Andrews, Daniel Dex, Tim Hughes (Capital Markets and M&A), Andrea Findlayter, Tayleigh Armstrong and Ke-Jia Chong.