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Grande West Transportation Group Inc.

12:53 PM EST - Grande West Transportation Group Inc. : Has completed its previously announced bought deal private placement of common shares of the Company, at a price of $1.90 per Offered Share for gross proceeds to the Company of $13,680,000. A total of 7,200,000 Offered Shares were sold pursuant to the Offering, including 870,000 Offered Shares issued as a result of the full exercise of the Underwriters' over-allotment option. Grande West Transportation Group Inc. shares V.BUS are trading down $0.03 at $2.49.