TORC Oil & Gas Ltd. - 2013-08-06
Description
Closed the bought deal prospectus offering of subscription receipts and private placement to the Canada Pension Plan Investment Board. BMO Capital Markets, Macquarie Capital Markets Canada Ltd. and RBC Capital Markets led the syndicate of underwriters FirstEnergy Capital Corp., GMP Securities LP, TD Securities Inc., National Bank Financial Inc., Canaccord Genuity Corp., CIBC, Cormark Securities Inc., and Scotiabank in the bought deal financing. Proceeds were used in the acquisition of light oil and liquids weighted assets in southeast Saskatchewan.