Rogers Sugar Inc. (the "Company" or "Rogers Sugar") (TSX: RSI) is pleased to announce that it has completed today its previously announced bought deal public offering (the "Offering") of $57,500,000 aggregate principal amount of Ninth Series convertible unsecured subordinated debentures (the "Debentures"), including the exercise in full of the over-allotment option granted to the Underwriters (as defined below), at a price of $1,000 per Debenture, pursuant to an underwriting agreement dated January 7, 2026 (the "Underwriting Agreement") among the Company, Lantic Inc. ("Lantic") and a syndicate of underwriters co-led by BMO Capital Markets and National Bank Capital Markets, and including TD Securities Inc., Scotia Capital Inc., CIBC World Markets Inc., Desjardins Securities Inc. and RBC Dominion Securities Inc. (the "Underwriters").
The Debentures were offered in each of the provinces of Canada pursuant to a prospectus supplement dated January 7, 2026 (the "Prospectus Supplement") to the Company's final short form base shelf prospectus dated December 5, 2025 (the "Shelf Prospectus").
Rogers Sugar intends to use the net proceeds of the Offering to reduce amounts outstanding under the credit facility of Lantic, a subsidiary of the Company, and for general corporate purposes.
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