Triangle Petroleum Corp. - 2010-11-11
Description
Completed its registered offering of 10.8 million shares of common stock. Net proceeds will be used to fund its drilling and development expenditures; leasehold acquisitions, including the previously announced purchase in Williams County, North Dakota; and general corporate purposes, including working capital. Johnson Rice & Company LLC was sole book-running manager, and Canaccord Genuity Inc. and Rodman &Renshaw LLC were co-managers.