February 13, 2007
SunOpta Inc. (Nasdaq:STKL) (TSX:SOY) completed its previously announced public offering of common shares for aggregate gross proceeds of approximately US$53.8 million. The net proceeds of the offering are expected to be used to repay outstanding indebtedness and for general corporate purposes, including future acquisitions, internal expansion projects and working capital requirements. The offering was completed on an underwritten basis through a syndicate of underwriters led by Canaccord Adams Inc. in the U.S. and Canaccord Capital Corporation in Canada and including, in Canada, BMO Nesbitt Burns Inc., National Bank Financial Inc., Desjardins Securities Inc. and Octagon Capital Corporation.
Wildeboer Dellelce LLP represented SunOpta with a team including Troy Pocaluyko, James Brown, Sanjeev Patel (corporate/securities) and Kevin Fritz (tax).