Triangle Petroleum Corp. - 2011-03-22

The underwriters of Triangle's recent public offering of 16.5 million shares of common stock have fully exercised their over-allotment option on March 18 to purchase an additional 2.475 million shares of common stock, bringing the total net proceeds to approximately $134.3 million. The closing of the over-allotment option occurred March 22.

The public offering was underwritten by Johnson Rice & Company LLC and Canaccord Genuity Inc., as joint book-running managers, Howard Weil Inc., as senior co-manager, and BMO Capital Markets Corp., KeyBanc Capital Markets Inc., Pritchard Capital Partners LLC, Global Hunter Securities LLC and Rodman & Renshaw LLC, as co-managers.