Tourmaline Oil Corp. - 2012-10-10

Entered into a flow-through common share financing agreement on a bought deal basis with a syndicate of underwriters led by Peters & Co. Ltd. and including Scotia Capital Inc., FirstEnergy Capital Corp., National Bank Financial Inc., Stifel Nicolaus Canada Inc., CIBC World Markets Inc., TD Securities Inc., and Cormark Securities Inc. Proceeds will incur eligible Canadian exploration expenses on the exploration of its properties.