Valeura Energy Inc. - 2012-09-18

Entered into an agreement with a syndicate of underwriters to purchase 11,500,000 common shares of Valeura at a price of $1.30 per common share. The syndicate will be led by Cormark Securities Inc. and includes National Bank Financial Inc., Canaccord Genuity Corp., FirstEnergy Capital Corp., and Jennings Capital Inc. Net proceeds will fund the corporation's capital program, including continued field development and exploration operations in Turkey and for general corporate purposes.