New York, Oct. 18 - Drilcorp Energy Ltd. said it upsized its offering of flow-through shares to C$2.375 million from the previously announced C$2 million.
The company will sell 5.9375 million shares at C$0.40.
The placement agent is Dominick & Dominick Securities Inc.
Drilcorp previously said it will pay Dominick & Dominick a commission equal to 7% of the gross proceeds raised from the flow-through shares.
Drilcorp is a energy company based in Calgary, Alta. Its stock closed up C$0.005 Monday at C$0.325.
| Issuer: | Drilcorp Energy Ltd.
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| Issue: | Flow-through shares
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| Amount: | C$2.375 million
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| Shares: | 5.9375 million
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| Price: | C$0.40
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| Settlement: | Oct. 29
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| Agent: | Dominick & Dominick Securities Inc.
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| Stock price: | C$0.325 at close on Oct. 18
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