By Sheri Kasprzak
New York, Jan. 26 - Norse Energy Corp. ASA said it has priced a NOK 124.8 million private placement.
The company intends to issue 32 million shares at NOK 3.90 each.
The offering represents about 9.8% of the company's registered share capital.
Pareto Securities ASA is the placement agent.
Based in Oslo, Norway, Norse is an oil and natural gas exploration company.
| Issuer: | Norse Energy Corp. ASA
|
| Issue: | Stock
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| Amount: | NOK 124.8 million
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| Shares: | 32 million
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| Price: | NOK 3.90
|
| Warrants: | No
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| Placement agent: | Pareto Securities ASA
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| Pricing date: | Jan. 26
|
| Stock symbol: | Oslo: NOI
|
| Stock price: | NOK 3.30at close Jan. 25
|
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