Centric Health closes $12 mln private offering with Ewing Morris
Toronto-based pharmacy and healthcare services provider Centric Health Corp (TSX: CHH) has closed a convertible preferred shares financing, raising proceeds of $12 million. The investor was Ewing Morris & Co Investment Partners, a Canadian boutique investment firm. The transaction will give Ewing Morris a 12.2 percent interest in the company and the right to nominate a board director. Centric Health, established in 2001 and led by President and CEO David Murphy, said the proceeds will be used to repay senior debt.
14 March 2019•5 mins read
