02:17 PM EST - Espial Group Inc : announced today that it has entered into an agreement with a syndicate of underwriters co-led by GMP Securities L.P. and Beacon Securities Limited, pursuant to which the Underwriters have agreed to purchase, on a bought deal basis pursuant to the filing of a short form prospectus, 5,000,000 common shares of the Company at a price of $4.00 per Common Share for aggregate gross proceeds to Espial of $20,000,000. Espial Group Inc
shares T.ESP are trading down $0.16 at $4.03.