Storm Resources Ltd. - 2013-10-28
Description
Entered into agreements for a bought deal and non-brokered financing to issue up to 10.5 million common shares. Net proceeds will be used to fund an expanded 2014 capital expenditure program focused on the Montney formation in the Umbach area. FirstEnergy Capital Corp. leads the syndicate of underwriters Peters & Co. Ltd., National Bank Financial Inc., Clarus Securities Inc., RBC Capital Markets, Cormark Securities Inc., and Macquarie Capital Markets Canada Ltd.