CALGARY, Alberta, Feb. 11, 2026 (GLOBE NEWSWIRE) -- Zedcor Inc. (the "Company" or "Zedcor") (TSXV:ZDC) is pleased to announce that due to strong demand, it has increased the size of the previously announced bought deal public offering of common shares led by National Bank Financial Inc. ("NBF"), and Desjardins Capital Markets ("Desjardins" and together with NBF, the "Co-Lead Underwriters"), as co-lead underwriters and joint bookrunners, on behalf of a syndicate of underwriters (together with the Co-Lead Underwriters, the "Underwriters"). The Underwriters will now purchase, on a bought deal basis, with a right to arrange for substitute purchasers 5,084,000 common shares (the "Offered Shares") of the Company at a price of $6.00 per Offered Share (the "Issue Price") for aggregate gross proceeds to the Company of $30,504,000 (the "Offering").
In connection with the Offering, the Company has granted the Underwriters an option (the "Over-Allotment Option"), exercisable in whole or in part at any time and from time to time for up to 30 days following the Closing Date (as defined below), to purchase up to an additional number of Offered Shares (the "Additional Shares") equal to 15% of the number of Offered Shares sold pursuant to the Offering at a price per Additional Share equal to the Issue Price to cover over-allotments, if any, and for market stabilization purposes.
The closing of the Offering is anticipated to occur on or about February 27, 2026 (the "Closing Date") and is subject to certain conditions including, but not limited to, the receipt of all necessary approvals, including the approval of the TSX Venture Exchange.
In all other respects, the terms of the Offering and use of proceeds therefrom will remain as previously disclosed in the original press release dated February 10, ...
