Parex Resources Inc. - 2015-05-05

Closed bought deal financing. About 14.9 million common shares were priced at C$9.15 each. Currently, about 149.8 million shares are outstanding. Net proceeds will pay down bank debts, support working capital and fund future capex. Syndicate of underwriters was co-led by Scotiabank and FirstEnergy Capital Corp. and included RBC Dominion Securities Inc., Paradigm Capital Inc., Haywood Securities Inc., CIBC World Markets Inc., Dundee Securities Ltd., Peters & Co. Ltd., TD Securities Inc., GMP Securities LP, Canaccord Genuity Corp. and Edgecrest Capital Corp.