|Bid||N/A x N/A|
|Ask||N/A x N/A|
|Day's Range||4.4823 - 4.4823|
|52 Week Range||3.8421 - 6.8100|
|Beta (5Y Monthly)||0.35|
|PE Ratio (TTM)||N/A|
|Earnings Date||Feb 18, 2021|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
TeraGo Inc. ("TeraGo" or the "Company") (TSX: TGO) (www.terago.ca), is pleased to announce that it has entered into subscription agreements dated April 14, 2021 (the "Subscription Agreements"), pursuant to which Cymbria Corporation, acting at the direction of its portfolio manager, EdgePoint Investment Group Inc. ("Cymbria") and other certain institutional investors (collectively with Cymbria, the "Purchasers") will subscribe for an aggregate of 934,100 Series A Units, 934,100 Series B Units and 934,100 Series C Units of the Company at a subscription price of $5.25 per Unit, for an aggregate purchase price of $14,712,075, all by way of a private placement (the "Private Placement").
TORONTO, March 23, 2021 /CNW/ - Trading resumes in: Company: TeraGo Inc.TSX Symbol: TGOAll Issues: YesResumption (ET): 1:00 PMIIROC can make a decision to impose a temporary suspension (halt) of trading in a security of a publicly-listed company.
THIS NEWS RELEASE IS INTENDED FOR DISTRIBUTION IN CANADA ONLY AND IS NOT AUTHORIZED FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES TORONTO, March 23, 2021 (GLOBE NEWSWIRE) -- TeraGo Inc. (“TeraGo” or the “Company”) (TSX: TGO, www.terago.ca), has decided, at this time, to withdraw its previously announced public offering of units (the "Offering") as set forth in the preliminary short form prospectus dated March 22, 2021. The Company is not proceeding with the Offering due to prevailing market conditions. About TeraGoTeraGo owns a national spectrum portfolio of exclusive 24 GHz and 38 GHz wide-area spectrum licences including 2,120 MHz of spectrum across Canada's 6 largest cities. TeraGo provides businesses across Canada with cloud, colocation and connectivity services. TeraGo manages over 3,000 cloud workloads, operates five data centres in the Greater Toronto Area, the Greater Vancouver Area, and Kelowna, and owns and manages its own IP network. The Company serves business customers in major markets across Canada including Toronto, Montreal, Calgary, Edmonton, Vancouver, Ottawa and Winnipeg. For more information about TeraGo, please visit www.terago.ca. TeraGo Investor RelationsMatt Glover, Gateway Investor Relations Telephone: 949-574-3860 Email: TGO@gatewayir.com