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Address: 22 George-D Davie
St Levis QC G6V 8V5
Phone: 418 837 5841
Fax: 418 835 1017
Website - http://www.davie.ca/
 
Warrant Symbol - DAV.WT
Number Trading - 15,375,000
Expiration Date - February 20, 2010
Cusip - 238681 11 8
Exercise Price - $2.00

Warrants called to trade news:
 
The Globe and Mail Reports:

Davie Yards Inc. Completes its Initial Public Offering Marketwire
Davie Yards Inc. ("Davie" or the "Company"), the largest shipyard in Canada, is pleased to announce it has closed an initial public offering (IPO) on the Toronto Stock Exchange raising approximately C$41,512,500 through the issuance of 30,750,000 units at a price of C$1.35 per unit. Each unit is composed of one common share and one half of one common share purchase warrant, with each whole common share purchase warrant giving the holder the right to purchase one common share from Davie at a price of C$2.00 for a period of two years following the closing of the IPO.
Dundee Securities Corporation acted as sole underwriter of the initial public offering. Davie has granted the underwriter an over-allotment option exercisable at the discretion of the underwriter to purchase up to an additional 15% of the aggregate maximum number of Common Shares and Warrants offered under the IPO, for a period of 30 days following the closing of the IPO.

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