Brampton Brick Limited (TSX:BBL.A) announced private placement of 800,400 class A subordinate voting shares at a price of CAD 7.192770833 per share for gross proceeds of CAD 5,757,093.774733 on October 23, 2019. The transaction included participation from existing investors Brazos Brick Holdings Limited for 533,600 shares representing 5.8% stake and Ruland Realty Limited for 266,800 shares representing 2.9% stake. Following the transactiion, Brazos Brick Holdings Limited holds 23.2% stake and Ruland Realty Limited holds 5.5% stake, of the issued and outstanding subordinate shares on a non-diluted basis.