ProStar Holdings Inc.’s C$5.75 Million Private Placement

Fasken acted for Echelon Wealth Partners Inc. on the transaction.

On November 24, 2021, ProStar Holdings Inc. (CVE:MAPS) completed a brokered C$5.75 million private placement of units. 

Echelon Wealth Partners Inc. acted as sole agent. 

ProStar Holdings is a Colorado-based software company providing patented cloud and mobile precision mapping solutions for infrastructure both above and below the Earth’s surface. 

Echelon Wealth Partners Inc. operates as an asset management company.

The Fasken team was led by Myroslav Chwaluk (Picture, Corporate Finance and Securities), and included Alexis Shamess (Corporate Finance and Securities), Mark Vanderveken (Intellectual Property) and Jake Raubvogel (Articling Student).

Involved fees earner: Myroslav Chwaluk – Fasken Martineau; Alexis Shames – Fasken Martineau; Mark Vanderveken – Fasken Martineau;

Law Firms: Fasken Martineau;

Clients: Echelon Wealth Partners Inc.;

Sonia Carcano

Author: Sonia Carcano