On August 29, 2003, Leitch Technology Corporation completed a $20 million bought deal offering made through an underwriting syndicate led by BMO Nesbitt Burns. Following the closing of the offering, the underwriters exercised the over-allotment option, raising the total gross proceeds to $21.5 million. The offering also included a private placement in the U.S.
Leitch Technology was represented by Torys LLP, with a team that included David Chaikof, Kevin Morris, John Emanoilidis, Tom Yeo and Shauna Parr in Toronto and Andy Beck in New York. The underwriters were represented by Lang Michener LLP, with a team that included Philippe Tardif, Emma Ritchie and Dunia El-Jawhari.