mdf commerce inc.

11:15 AM EST - mdf commerce inc. : Announced today that it has entered into an agreement with a syndicate of underwriters led by Stifel GMP, pursuant to which the Underwriters have agreed to purchase on a bought deal basis 4,000,000 common shares of the Company at a price of $10.00 per Common Share for gross proceeds of $40,000,000. mdf commerce inc. shares T.MDF are trading down $0.47 at $10.10.