BIG DEAL: BuildDirect.com Closes $20M Private Placement, Reverse Take-over, And Lists On The TSX-V

BuildDirect.com Technologies Inc. (formerly VLCTY Capital Inc.) (TSXV: BILD), an 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

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Mr Andrew Elbaz
Minden Gross LLP
145 King Street West
Suite 2200
Toronto
ON M5H 4G2
CANADA
Tel: [phone]
Fax: [phone]
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URL: www.mindengross.com

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