Baylin Technologies Announces $15 Million Bought Deal Offering of Common Shares

Toronto, CANADA, November 16, 2017 – Baylin Technologies Inc. (TSX: BYL) (the “Company” or “Baylin”) is pleased to announce that it has entered into an agreement with Raymond James Ltd., on behalf of a syndicate of underwriters (collectively, the “Underwriters”), pursuant to which the Underwriters have agreed to purchase on a “bought deal” basis 6,382,979 common shares of the Company (the “Common Shares”) at a price of C$2.35 per Common Share (the “Offering Price”) for aggregate gross proceeds to the Company of C$15,000,001 (the “Offering”).

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