Kelt Receives $94.4MM Equity Financing
March 8, 2013
Kelt Exploration Ltd. (TO: KEL) has entered into an agreement for brokered and non-brokered equity financing with gross aggregate proceeds of C $94.35 million.
Kelt entered into an agreement with a syndicate of underwriters led by Peters & Co. Ltd., and including FirstEnergy Capital Corp., RBC Capital Markets, Scotia Capital Inc., CIBC World Markets Inc., Cormark Securities Inc., Dundee Securities Ltd., Macquarie Capital Markets Canada Ltd., National Bank Financial Inc., GMP Securities Inc., and Stifel Nicolaus Canada Inc., under which the underwriters have agreed to purchase for resale to the ...
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