BRIEF-Callidus Capital increases substantial issuer bid price to $16.50/share,sets new expiry date

Mon Aug 29, 2016 6:48pm EDT
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Aug 29 (Reuters) - Callidus Capital Corp

* Callidus Capital Corporation increases the substantial issuer bid price to $16.50 per share and sets a new expiry date

* Under revised offer, aggregate maximum purchase price payable by Callidus is CDN $58.9 million

* Callidus will pay an additional $0.40 per common share to all shareholders who have previously tendered their shares Source text for Eikon: Further company coverage: