Storm Resources Ltd. - 2013-04-10

Description

Increased the size of its bought-deal financing with a syndicate of underwriters led by FirstEnergy Capital Corp. and including National Bank Financial Inc., Peters & Co. Ltd., Macquarie Capital Markets Canada Ltd., and RBC Capital Markets. The size of its non-brokered private placement to be completed during the same time was also increased. Some 15.6 million common shares will be issued. Proceeds will be used to fund its capital investment program in the Umbach area of north eastern British Columbia and for general working capital purposes.

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Estimated Price
CA$29.2MM
Financing Type
Report Date