SBK (Sherbrook Hockey Co.), the hockey equipment maker based in Quebec, has closed a non-brokered private placement of 750,000 common shares and 750,000 common share purchase warrants.
Each warrant grantsits holder the right to subscribe for one Share at a price of 15 cents per Share for a period of 12 months following its issuance.
The Shares, the Warrants and the Shares issuable upon exercise of the Warrants are all subject to a four-month hold period.
This private placement remains subject to the final approval of the TSX Venture Exchange.
Founded in late 2008, SBK is a Quebec-based company offering a complete line of player and goaltender hockey sticks and protective equipment.
