Crown Capital Partners Inc. Files Preliminary Prospectus for Initial Public Offering
/NOT FOR DISSEMINATION IN THE UNITED STATES OR THROUGH U.S. NEWSWIRE SERVICES/
CALGARY, May 22, 2015 /CNW/ - Crown Capital Partners Inc. ("Crown"), a provider of capital to successful mid-market Canadian companies, and to select U.S. companies, has filed a preliminary prospectus with the securities regulatory authorities in each of the provinces of Canada in connection with a proposed initial public offering (the "Offering") of its common shares. A copy of the preliminary prospectus is available on SEDAR (www.sedar.com).
The Offering is being made through a syndicate of underwriters co-led by Cormark Securities Inc., BMO Nesbitt Burns Inc. and National Bank Financial Inc.
The preliminary prospectus contains important information relating to these securities, but remains subject to completion or amendment. There will not be any sale or any acceptance of an offer to buy the securities until a receipt for the final prospectus has been issued.
About Crown Capital Partners Inc.
Crown is a specialty finance company focused primarily on providing capital to successful Canadian companies, and to select U.S. companies, that are unwilling or unable to obtain suitable financing from traditional capital providers such as banks and private equity funds. Crown originates, structures and provides tailored transitory and permanent financing solutions to a diversified group of private and public mid-market companies in the form of loans, royalties and other structures with minimal or no ownership dilution.
No securities regulatory authority has either approved or disapproved of the contents of this news release. The securities being offered have not been, and will not be, registered under the United States Securities Act of 1933, as amended, or any state securities laws, and may not be offered or sold in the United States unless pursuant to an exemption therefrom. This press release is for information purposes only and does not constitute an offer to sell or a solicitation of an offer to buy any securities of Crown in any jurisdiction in which such offer, solicitation or sale would be unlawful.
Forward-Looking Information
Information in this news release that is not current or historical factual information may constitute forward-looking information, including future-oriented financial information and financial outlooks, within the meaning of securities laws. This information is based on certain assumptions regarding expected growth, results of operations, performance, the Canadian regulatory environment, the general state of the Canadian capital markets and Crown's business prospects and opportunities (collectively, the "Assumptions"). While Crown considers these Assumptions to be reasonable, based on information currently available, they may prove to be incorrect. Forward-looking information is subject to a number of risks, uncertainties and other factors that could cause actual results to differ materially from what Crown currently expects. These risks, uncertainties and other factors include, but are not limited to: the market for Crown's common shares, the proposed use of the net proceeds of the Offering, unanticipated delays in deploying the net proceeds of the Offering, fluctuations in currency and exchange rates or interest rates and changes in applicable law or regulations (collectively, the "Risks"). For more exhaustive information on these Risks you should refer to Crown's preliminary prospectus in connection with the Offering, which is available on SEDAR at www.sedar.com. To the extent any forward-looking information in this news release constitutes future-oriented financial information or financial outlooks, within the meaning of applicable securities laws, such information is being provided to demonstrate the potential of Crown and readers are cautioned that this information may not be appropriate for any other purpose. Future-oriented financial information and financial outlooks, as with forward-looking information generally, are based on the Assumptions and subject to the Risks. Actual results may differ materially from what Crown currently expects. Other than as required under applicable securities laws, Crown does not undertake to update any forward-looking information at any particular time. The reader should not place undue importance on forward-looking information and should not rely upon this information as of any other date. All forward-looking information contained in this news release is expressly qualified in its entirety by this cautionary statement.
SOURCE Crown Capital Partners Inc.
Chris Johnson, President & Chief Executive Officer, (416) 640-6715, Email: [email protected]
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