Cyberplex Inc. raises $15 million

Cyberplex-cropped.gifTORONTO – Cyberplex Inc. enters a bought-financing deal, issuing 9,375,000 common shares worth $15 million at $1.60 per share. The company, which provides web advertising solutions, online customer acquisition strategies and technology development, says a syndicate of underwriters led by GMP Securities L.P., has an option to purchase up to 15% of the number of common shares in the issue. Cyberplex plans to use the net proceeds for general corporate purposes and potential acquisitions. The company’s clients include FTD, Xerox, Scotia Bank and the Royal Bank of Canada.

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