Bonavista Energy Corp. - 2012-08-29

Description

Will sell 18,200,000 common shares at a price of $16.50 per Common Share to a syndicate of underwriters co-led by TD Securities Inc. and CIBC World Markets Inc. and including RBC Dominion Securities Inc., BMO Nesbitt Burns Inc., Scotia Capital Inc., National Bank Financial Inc., Peters & Co. Limited, FirstEnergy Capital Corp., Macquarie Capital Markets Canada Ltd. and HSBC Securities (Canada) Inc. The proceeds will be used to fund an acquisition of properties within its deep basin core area in west central Alberta.

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Estimated Price
$300.3MM
Financing Type
Report Date