Calgary, Alberta-based Spartan Energy Corp. (TSXV: SPE.V) said on May 27 that it increased the size of a bought deal financing that is scheduled to close June 17.
A total amount of 34,670,000 common shares were issued at $3.75 each for aggregate gross proceeds of C$130 million, the company said.
A monthlong underwriters’ option will allow for the purchase of an additional 5,200,500 shares, Spartan added.
The underwriters are led by Peters & Co. Ltd., Clarus Securities Inc. and GMP Securities LP, Spartan said. They include TD Securities Inc., Dundee ...