WANTED Technologies Corporation announces the completion of the secondary offering by major shareholders
QUEBEC CITY, Dec. 11, 2013 /CNW Telbec/ - WANTED Technologies Corporation (the "Corporation") (TSXV: WAN) announces that its shareholders, Desjardins Venture Capital L.P. ("Desjardins Venture Capital") and Desjardins-Innovatech L.P. ("Desjardins-Innovatech"), both limited partnerships of which Desjardins Venture Capital Inc. is the general partner, have completed the previously announced sale of common shares of the Corporation (the "Common Shares") held by Desjardins Venture Capital and Desjardins-Innovatech (the "Secondary Sale") to GMP Securities L.P. and Desjardins Securities Inc. (the "Underwriters") on a "bought-deal" basis, representing approximately 37.44% of currently outstanding Common Shares. The Underwriters have announced their intention to resell the Common Shares to investors on a private placement basis.
Further to the closing of the Secondary Sale, Desjardins-Innovatech and Desjardins Venture Capital have announced that they no longer hold any Common Shares.
About WANTED Analytics™
WANTED Analytics™ helps recruiting organizations make better decisions faster with real-time business intelligence on jobs, employers, and talent. Analytics™ brings together, for the first time, years of hiring demand and talent supply data to create a true talent intelligence platform for hard-to-fill positions.
Clients in the staffing, HR, RPO, media, and government sectors use WANTED Analytics™ to find sales leads, analyze employment trends, gather competitive intelligence, forecast economic conditions, and source hard-to-fill positions.
About WANTED Technologies Corporation
WANTED Technologies (TSX-V:WAN) provides real-time business intelligence for the talent marketplace. Founded in 1999, the company's headquarters are in Quebec City, Canada, and it maintains a US-based subsidiary with primary offices in New York City. WANTED began collecting detailed Hiring Demand data in June 2005, and currently maintains a database of more than 800 million unique job listings. For more information or to sample WANTED's services, visit www.wantedanalytics.com.
WANTED is also the exclusive data provider for The Conference Board's Help Wanted OnLine Data Series®, the monthly economic indicator of Hiring Demand in the United States.
The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release. Any statement that appears prospective shall not be interpreted as such.
SOURCE Wanted Technologies Corp.For further information:
Mr. Bruce Murray, President and CEO
Tel: (418) 523-6663, ext. 222
Mr. Martin Auclair, VP Finance and CFO
Tel: (418) 523-6663, ext. 337