Alexander Energy Ltd. - 2013-12-18
Description
Entered into agreements for an upsized brokered and non-brokered financing of some 153 million warrants sold at $0.49 per share. Net proceeds will be used to fund ongoing exploration and development activities and for general corporate purposes. Peters & Co. Ltd. and Clarus Securities Inc. co-lead the syndicate of underwriters GMP Securities Ltd., TD Securities Inc., Dundee Securities Ltd., AltaCorp Capital Inc., Desjardins Securities Inc. and Scotia Capital Inc.