By Sheri Kasprzak
New York, Dec. 14 - Dual Exploration Inc. said it priced a C$3.08 million private placement.
The offering includes 1.1 million flow-through shares at C$2.80 each.
The deal, which is slated to close Dec. 22, is being placed through a syndicate of underwriters led by FirstEnergy Capital Corp. and including Clarus Securities Inc.
Dual, based in Calgary, Alta., is an oil and natural gas exploration company.
| Issuer: | Dual Exploration Inc.
|
| Issue: | Flow-through shares
|
| Amount: | C$3.08 million
|
| Shares: | 1.1 million
|
| Price: | C$2.80
|
| Warrants: | No
|
| Underwriters: | FirstEnergy Capital Corp. (lead), Clarus Securities Inc.
|
| Pricing date: | Dec. 14
|
| Settlement date: | Dec. 22
|
| Stock price: | C$2.19 at close Dec. 14
|
|
|
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.
