Storm Resources Ltd. - 2013-05-01

Description

Completed its bought deal and non-brokered financings where some 15.6 million common shares were issued at $1.88 per share. 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. The bought deal was financed through a syndicate of underwriters led by First Energy Capital Corp. and including National Bank Financial Inc., Peters & Co. Ltd., Macquarie Capital Markets Canada Ltd., and RBC Capital Markets Inc.

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Estimated Price
$29.2MM
Financing Type
Report Date