TORONTO, Sept. 8, 2023 /CNW/ - Stornoway Portfolio Management Inc. ("Stornoway"), the Investment Manager of Ravensource Fund ("Ravensource" or the "Fund") (TSX: RAV.UN) has updated the pricing of the previously announced private placement (the "Offering"). Units issued pursuant to the Offering will be issued at a price of $15.76, which reflects the Fund's Net Asset Value per unit of $15.7567 as of September 7, 2023 and is consistent with the Annual Redemption Value for the 2023 Annual Redemption. As revised, Ravensource proposes to raise up to $3,795,512.32 through the placement of up to 240,832 units.
Read more at newswire.caRavensource Fund Updates Pricing of Proposed Private Placement
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