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Provider: Reuters Investment Profile
Provider: Thomson Reuters Stock Report
Provider: ValuEngine, Inc.
Provider: Sadif Analytics Prime

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Canacol Energy Ltd announces filing of final prospectus for bought deal prospectus offering

Friday, 16 May 2014 08:33pm EDT 

Canacol Energy Ltd:Says that it has filed with applicable Canadian securities regulators final prospectus for its previously announced short form prospectus offering (bought-dealoffering) in respect of underwritten bought-deal financing for aggregate gross proceeds of C$125,001,700.Bought-deal offering is being led by Canaccord Genuity Corp. and includes syndicate of underwriters consisting of TD Securities Inc., CIBC, Cormark Securities Inc., Desjardins Securities Inc., GMP Securities L.P. and Mackie Research Capital Corp (collectively, the underwriters).Total of 15,823,000 common shares of the company will be issued under bought-deal offering at offering price of C$7.90 per common share.Intends to use net proceeds from bought-deal offering to fund future capital expenditure activities in Colombia and for general corporate and working capital purposes. 

Company Quote

1 May 2015