Liquor Stores N.A. Ltd. will list an additional 3,927,250 shares on the Toronto Stock Exchange at the open on Friday, Dec. 19, 2014, according to the TSX. As in the company's Dec. 12, 2014, short form prospectus, it plans to sell 3,415,000 shares to the public at $14.65 each, raising $50,029,750. It has granted the underwriters an overallotment option to buy up to 512,250 more shares at the same price for 30 days from the closing of the offering.

Liquor Stores plans to use the money raised for general corporate purposes, including to repay outstanding indebtedness under its credit facility.