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CPTMatt

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CPTMatt

Re: None

Thursday, 02/08/2018 7:59:09 AM

Thursday, February 08, 2018 7:59:09 AM

Post# of 17738
VLE.TO/PNWRF announces financing @ 5.70/share

* VALEURA ANNOUNCES $50 MILLION BOUGHT DEAL FINANCING

* VALEURA ENERGY(PNWRF) - EXPECTS TO USE NET PROCEEDS OF OFFERING TO FUND CONTINUED APPRAISAL OF BASIN-CENTERED GAS PLAY IN TURKEY

* VALEURA ENERGY INC(PNWRF) - ENTERED INTO AGREEMENT WITH UNDERWRITERS TO PURCHASE, ON A "BOUGHT DEAL" BASIS, 8.8 MILLION COMMON SHARES AT $5.70/COMMON SHARE Source text for Eikon: Further company coverage:


I am assuming it is at CAD 5.70 which is around where this was trading prior to the news yesterday. If it is USD 5.70 than it represents a premium although I doubt that's the case

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