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Calfrac Well Services Ltd (CFWFF.PK)

CFWFF.PK on OTC Markets Group

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Thu, Nov 24 2016

BRIEF-Calfrac increases size of previously announced private placement

* Calfrac Well Services - Parties have agreed to increase size of private placement to aggregate of 21.1 million shares at price of $2.85/share

BRIEF-Calfrac announces $40 million private placement

* Agreed to purchase, on a private placement basis, 14 mln common shares of Calfrac at a price of $2.85 per share

BRIEF-Calfrac reports Q3 loss per share of c$0.35

* Q3 revenue c$174.9 million versus I/B/E/S view c$178.2 million

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