Cott Announces Pricing of Common Share Offering to Fund Cliffstar Acquisition

TORONTO and TAMPA, FL--(Marketwire - August 12, 2010) -  Cott Corporation (NYSE: COT) (TSX: BCB) announced today that it priced its previously announced underwritten public offering of 11,600,000 shares at U.S. $5.60 per share. The offering yields gross proceeds to Cott of approximately U.S. $65.0 million and, net of underwriting discounts and commissions, proceeds of approximately U.S. $62.4 million. In connection with the offering, Cott has granted to the underwriters an option for 30 days to purchase an additional 1,740,000 common shares to cover over-allotments, if any. Cott intends to use the net proceeds from the offering to fund a portion of the purchase price and related fees and expenses for the previously announced and pending acquisition of substantially all of the assets and liabilities of Cliffstar Corporation and its affiliated companies (t

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