Who is Simco Group ? Do they have a web site and they lend 15 M$ ? What other financing have they done ? Again what are the net proceeds ? I found a website from Quebec gvt listing companies, several Simco come out, one seems to be related to financing. https://ssl.req.gouv.qc.ca/slc0110_eng.html Also couldn't find them in the Canadian Venture Capital Association membership <a href="http://www.cvca.ca/membership/directory/" rel="nofollow" target="_blank">http://www.cvca.ca/membership/directory/</a>