Kelt Exploration Ltd. - 2013-12-03

Description

Completed the brokered and non-brokered equity financings to issue 12.4 million subscription receipts at $8.15 per receipt. Net proceeds will be used to finance the Pouce Coupe/Spirit River acquisition. Peters & Co. Ltd. led the underwriters CIBC World Markets Inc., FirstEnergy Capital Corp., RBC Capital Markets, National Bank Financial Inc., Scotia Capital Inc., AltaCorp Capital Inc., Cormark Securities Inc., GMP Securities Inc., Dundee Capital Markets, and Macquarie Capital Markets Canada Ltd.

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Estimated Price
CA$173.0MM
Financing Type
Report Date