Crescent Point Energy Corp. - 2012-08-13

Crescent Point Energy has entered into an agreement with a syndicate of underwriters co-led by BMO Capital Markets, CIBC and Scotiabank, and including RBC Capital Markets, TD Securities Inc., FirstEnergy Capital Corp., National Bank Financial Inc., GMP Securities L.P., Macquarie Capital Markets Canada Ltd. and Peters & Co. Limited for an offering of 13,420,000 Crescent Point shares at $41.00 per share to raise gross proceeds of approximately $550 million. The net proceeds of the financing will be used to reduce our indebtedness and for general corporate purposes.