Clearwater Seafoods Incorporated Announces $30 Million Bought Deal Financing

Clearwater Seafoods Incorporated Announces $30 Million Bought Deal Financing 
Not for distribution to U.S. newswire services or for dissemination in the 
United States 
HALIFAX, Jan. 13, 2014 /CNW/ - Clearwater Seafoods Incorporated (TSX: CLR) 
("the Company" or "Clearwater") is pleased to announce that it has entered 
into an agreement with a syndicate of investment dealers co-led by Cormark 
Securities Inc. and Beacon Securities Limited (the "Underwriters") pursuant to 
which the Underwriters have agreed to purchase 3,530,000 common shares 
("Shares") from the treasury of the Company, at a price of $8.50 per Share and 
offer them to the public by way of short form prospectus (the "Offering"). 
In addition, the Company has granted the Underwriters an option 
("Over-Allotment Option") to purchase up to an additional 529,500 Shares from 
the treasury of the Company at the offering price exercisable at any time up 
to 30 days following Closing (as defined below), for market stabilization 
purposes and to cover over-allotments, if any. 
The net proceeds of the Offering will be used for growth opportunities and 
general working capital. 
Closing of the Offering is expected to occur on or about February 4, 2014 and 
is subject to regulatory approval including that of the Toronto Stock Exchange. 
The Shares to be issued under the Offering will be offered by way of a short 
form prospectus in each of the provinces of Canada, except Québec, and may be 
offered in the United States on a private placement basis pursuant to an 
exemption from the registration requirements of the United States Securities 
Act of 1933, as amended, and certain other jurisdictions. 
This news release does not constitute an offer of securities for sale in the 
United States. The securities being offered have not been, nor will they be, 
registered under the United States Securities Act of 1933, as amended, and 
such securities may not be offered or sold within the United States absent 
U.S. registration or an applicable exemption from U.S. registration 
requirements. 
COMMENTARY REGARDING FORWARD-LOOKING STATEMENTS 
This news release may contain "forward-looking information" as defined in 
applicable Canadian securities legislation. All statements other than 
statements of historical fact, included in this release, including, without 
limitation, statements regarding future plans and objectives of Clearwater, 
constitute forward-looking information that involve various known and unknown 
risks, uncertainties, and other factors outside management's control. 
Forward-looking information is based on a number of factors and assumptions 
which have been used to develop such information but which may prove to be 
incorrect including, but not limited to, total allowable catch levels, selling 
prices, weather, exchange rates, fuel and other input costs. There can be no 
assurance that such information will prove to be accurate and actual results 
and future events could differ materially from those anticipated in such 
forward-looking information. 
For additional information with respect to risk factors applicable to 
Clearwater, reference should be made to Clearwater's continuous disclosure 
materials filed from time to time with securities regulators, including, but 
not limited to, Clearwater's Annual Information Form. The forward-looking 
information contained in this release is made as of the date of this release 
and Clearwater does not undertake to update publicly or revise the 
forward-looking information contained in this release, whether as a result of 
new information, future events or otherwise, except as required by applicable 
securities laws. 
No regulatory authority has approved or disapproved the adequacy or accuracy 
of this news release. 
About Clearwater 
Clearwater is one of North America's largest vertically integrated seafood 
companies and the largest holder of shellfish licenses and quotas in Canada. 
It is recognized globally for its superior quality, food safety, diversity of 
species and reliable worldwide delivery of premium wild, eco-certified 
seafood, including scallops, lobster, clams, coldwater shrimp, crab and 
groundfish. 
Since its founding in 1976, Clearwater has invested in science, people and 
technological innovation as well as resource ownership and management to 
sustain and grow its seafood resource. This commitment has allowed it to 
remain a leader in the global seafood market and in sustainable seafood 
excellence.
 

SOURCE  Clearwater Seafoods Incorporated 
Robert Wight, Chief Financial Officer, Clearwater, (902) 457-2369;  Tyrone 
Cotie, Treasurer, Clearwater, (902) 457-8181 
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CO: Clearwater Seafoods Incorporated
ST: Nova Scotia
NI: FBR FOD FIN NEWSTK  
-0- Jan/13/2014 13:43 GMT
 
 
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