Contact Energy Ltd. - 2013-07-25
Description
Intends to complete a brokered private placement of 12.5 million common shares at $0.26 per share and some 5.8 million “flow-through” at C $0.30 per share. Proceeds will be used to fund drilling and operational activity in the East Kakwa Montney Project area in the Deep Basin in Alberta and for general corporate purposes. Integral Wealth Securities Ltd. led the agents.