Surge Energy Inc. - 2013-07-03
Description
Completed its bought deal financing, issuing 15 million units at $15 per unit. Gross proceeds will be used to pay down debt, general corporate purposes, and to partially fund the acquisition of a crude oil producing asset. Macquarie Capital Markets Canada Ltd. led the underwriters GMP Securities LP, National Bank Financial Inc., CIBC World Markets Inc., TD Securities Inc., Scotia Capital Inc., FirstEnergy Capital Corp., Dundee Securities Inc., and Cormark Securities Inc.