Baytex Energy Corp. - 2014-02-24

Closed public offer of bought deal subscription receipts, including receipts pursuant to over-allotment option. Proceeds will be held in escrow until conversion into Australian dollars for Aurora Oil & Gas Ltd. share acquisition. Underwriters led by Scotiabank and RBC Capital Markets, included CIBC World Markets Inc., TD Securities Inc., BMO Nesbitt Burns Inc., National Bank Financial Inc., Barclays Capital Canada Inc., Desjardins Securities Inc., Merrill Lynch Canada Inc., AltaCorp Capital Inc., Canaccord Genuity Corp., Credit Suisse Securities (Canada) Inc., Macquarie Capital Markets Canada Ltd., Peters & Co. Ltd., FirstEnergy Capital Corp., Cormark Securities Inc. and Raymond James Ltd.