03:52 PM EST - Canexus Corporation : has announced today that it has entered into an agreement with a syndicate of underwriters co-led by National Bank Financial Inc., CIBC World Markets Inc., Scotia Capital Inc. and BMO Nesbitt Burns Inc. under which the underwriters have agreed to buy on a bought deal basis 17,860,000 common shares at a price of $5.60 per Common Share for gross proceeds of $100,016,000. Canexus Corporation
shares T.CUS are trading up $0.07 at $5.99.