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BIG DEAL: BuildDirect.com closes $20M private placement, reverse take-over, and lists on the TSX-V

Aug 13, 2021

BuildDirect.com Technologies Inc. (formerly VLCTY Capital Inc.) (TSXV: BILD), anBig Deal - High Fives innovative marketplace for purchasing and selling building materials online, closed its reverse take-over and began trading on the TSX Venture Exchange. Prior to the completion of the reverse take-over, BuildDirect.com Technologies Inc. completed a brokered subscription receipt financing for aggregate gross proceeds of approximately $20 million co-led by CIBC World Markets Inc. and Canaccord Genuity Corp.

Minden Gross LLP acted for BuildDirect.com Technologies Inc. with a team led by Andrew Elbaz (Partner), Zohar Barzilai (Senior Associate), and Alexander Katznelson (Associate) – Securities and Capital Markets.

Read the media release here: BuildDirect.com Technologies Inc. Announces Closing of Qualifying Transaction

Image: Andrew Elbaz - Securities and Capital Markets

 

 

 

 

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Image: Alexander Katznelson, Business Law Lawyer