Basis100 Special Warrant Offering

Basis100 Inc., an online mortgage and home appraisal service, announced on February 1, 2000 that it had closed a private placement of 5 million special warrants at a price per special warrant of $10.50 for aggregate gross proceeds of $52.5 million. The financing was underwritten by a syndicate co-led by RBC Dominion Securities and Griffiths McBurney & Partners.

The deal was led by Vanessa Grant, with help from Gary Solway, Jamie Todd and Valérie Lockerbie, from Torys in Toronto, and Bob Ouimette and Carol Divine from Torys, New York. Robert Wortzman and David Muha of Wildeboer Rand Thomson Apps & Dellelce LLP acted for the underwriters.