By Sheri Kasprzak
Atlanta, Nov. 23 - Questerre Energy Corp. said Tuesday it has wrapped up the first tranche of a private placement for C$3.42 million.
The company issued 2,012,500 common shares at C$0.25 each and 9,715,000 flow-through common shares at C$0.30 each.
Dundee Securities Corp. was placement agent in the offering.
Based in Calgary, Alta., Questerre is a resource company focused on the exploration and development of natural gas. The company plans to use the proceeds from the deal for its exploration activities this winter.
Issuer: | Questerre Energy Corp.
|
Issue: | Common and flow-through common shares
|
Amount: | C$3.42 million
|
Placement agent: | Dundee Securities Corp.
|
Settlement date: | Nov. 23
|
Stock price: | C$0.27 at close Nov. 23
|
|
Flow-through shares
|
Issue: | Flow-through common shares
|
Shares: | 9,715,000
|
Price: | C$0.30
|
Warrants: | No
|
|
Common shares
|
Issue: | Common shares
|
Shares: | 2,012,500
|
Price: | C$0.25
|
Warrants: | No
|
|
© 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.