Tourmaline Oil Corp. - 2014-01-21


Entered into a bought deal financing issuing 3.3 million common shares at $47.50 per share with an over-allotment option. Net proceeds will be used to reduce debt, fund the 2014 capital expenditure program, and for general working capital purposes. Peters & Co. Ltd. leads the syndicate of underwriters Scotia Capital Inc., FirstEnergy Capital Corp., CIBC World Markets Inc., National Bank Financial Inc., RBC Capital Markets, and TD Securities Inc.

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