Cardinal Energy Ltd.
Description
Cardinal entered into an agreement with a syndicate of underwriters led by RBC Capital Markets and including CIBC Capital Markets, GMP First Energy, National Bank Financial Inc., Scotiabank, BMO Capital Markets, Canaccord Genuity Corp., Cormark Securities Inc., Peters and Co. Ltd. and TD Securities Inc. They will purchase bought-deal about 30.9 million subscription receipts priced at $5.50 each, and received option to purchase about 3 million additional receipts to cover over-allotments.