Jovian Capital Corp. today said that its previously announced private placement financing will be priced at 85¢ per common share.

Jovian will issue approximately 21 million common shares on December 20.

Jovian’s agents on the offering, Genuity Capital Markets and MGI Securities Inc., will be granted an option expiring on Jan. 31, 2006, to increase the size of the offering by up to an additional 8,411,764 common shares.

The proceeds of the private placement will be used for future acquisitions, existing debt obligations and internal growth opportunities within the organization.

The private placement is subject to regulatory approval.

Jovian is a management and holding company with interests in a variety of financial service firms specializing in wealth and asset management.