QuestAir Technologies completes C$9 million public offering
Date Closed
June 16, 2008
Lead Office
Vancouver
Value
9.00 Million CAD
On June 16, 2008, QuestAir Technologies Inc. completed a C$9 million public offering. QuestAir issued 60 million subscription receipts on May 13, 2008 at a price of C$0.15 per subscription receipt. The subscription receipts were exchanged for common shares on June 16, 2008 following shareholder approval of the transaction.
QuestAir Technologies, headquartered in Burnaby, British Columbia, engages in the development, manufacture, and supply of pressure swing adsorption (PSA) gas purification systems.
McCarthy Tétrault LLP represented QuestAir, as issuer.
