Surge Energy Inc. - 2013-11-28
Description
Closed the bought deal financing issuing 8.4 million subscription receipts at $6.55 per receipt with an over-allotment option exercised in full. Net proceeds will be used to fund its acquisition of core area crude oil assets. Macquarie Capital Markets Canada Ltd. led the syndicate of underwriters GMP Securities LP, National Bank Financial Inc., CIBC World Markets Inc., Scotia Capital Inc., Dundee Securities Ltd., FirstEnergy Capital Corp., Cormark Securities Inc., TD Securities Inc., and Raymond James Ltd.