Business NewsMarketWire • Genesys Capital Acquires Common Shares in Profound Medical Corp.

Genesys Capital Acquires Common Shares in Profound Medical Corp.

Genesys Capital Acquires Common Shares in Profound Medical Corp.

TORONTO, ONTARIO--(Marketwired - Nov. 16, 2016) - On November 14, 2016, Genesys Ventures III LP ("GV III LP") purchased 2,727,272 common shares (the "Common Shares") in the capital of Profound Medical Corp. ("Profound") at a price of $1.10 per Common Share pursuant to a public offering (the "Offering") of Common Shares (representing approximately 4.9% of the issued and outstanding Common Shares after giving effect to the Offering). The Offering was completed through a syndicate of underwriters led by GMP Securities L.P., and including Echelon Wealth Partners Inc. and Mackie Research Capital Corp. The Offering was made in all of the Provinces of Canada.

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