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Advantage Oil & Gas Ltd announces closing of $94.1 mln secondary offering of Longview Oil Corp common shares

Friday, 28 Feb 2014 08:23am EST 

Advantage Oil & Gas Ltd and Longview Oil Corp:Says that Advantage has closed the sale of 21,150,010 common shares of Longview owned by Advantage to a syndicate of underwriters led by RBC Capital Markets and FirstEnergy Capital Corp. and including Scotia Capital Inc, National Bank Financial Inc, CIBC World Markets Inc and TD Securities Inc.Says at a price of $4.45 per share for gross proceeds to Advantage of $94,117,544.50.Purchasers under the offering are eligible to receive the cash dividend declared by Longview on February 14, 2014 in the amount of $0.04 per share, which is payable on March 17, 2014 to shareholders of record on February 28, 2014.As a result of the offering, Advantage no longer owns or controls any Longview Shares. 

Company Quote

0.09 +1.28%
4:00pm EST