Storm Resources Ltd. - 2014-01-23

Description

Entered into bought deal and non-brokered financings issuing 8.5 million common shares at $4.10 per share. Net proceeds will be used to fund the Montney acquisition. FirstEnergy Capital Corp. lead the bought-deal 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.

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Estimated Price
CA$34.9MM
Financing Type
Report Date