Published on 1/4/2007 in the Prospect News PIPE Daily.
New Issue: LongBow sells C$1.29 million flow-through shares with greenshoe
By Laura Lutz
Des Moines, Jan. 4 - LongBow Energy Corp. settled its previously announced private placement of flow-through shares for C$1,294,067, including a greenshoe partially exercised for C$294,067.
The company sold 23,528,494 flow-through shares at C$0.055 each.
The non-brokered deal priced on Dec. 14 as a C$1 million offering of 18,181,819 shares with a greenshoe for up to C$500,000.
LongBow is an oil and gas company based in Calgary, Alta.
| Issuer: | LongBow Energy Corp.
|
| Issue: | Flow-through shares
|
| Amount: | C$1,294,067
|
| Shares: | 23,528,494 (includes greenshoe for 5,346,675 shares)
|
| Price: | C$0.055
|
| Warrants: | No
|
| Agent: | Non-brokered
|
| Pricing date: | Dec. 14
|
| Settlement date: | Jan. 4
|
| Stock symbol: | TSX Venture: LBV
|
| Stock price: | C$0.045 at close Dec. 13
|
| Stock price: | C$0.05 at close Jan. 3
|
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.
