Cardinal Energy Ltd. - 2014-01-23

Description

Entered into a bought deal financing issuing some 2.2 million sold at $12.80 per share. Net proceeds will be used to fund the acquisition in its core Bantry area. RBC Capital Markets Inc. and CIBC co-led the syndicate of underwriters GMP Securities LP, Macquarie Capital Markets Canada Ltd., Scotiabank, and FirstEnergy Capital Corp.

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Estimated Price
CA$28.0MM
Financing Type
Report Date