Exploration & Production | Finance & Investing | Capital Markets
Whitecap Finances $125 MM of Recent Alberta Acquisitions
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Whitecap Resources Inc. has announced that it has completed its previously announced bought deal financing.
Whitecap, through a syndicate of underwriters led by National Bank Financial Inc. and including GMP Securities L.P., TD Securities Inc., CIBC World Markets, RBC Capital Markets, Scotia Capital Inc., FirstEnergy Capital Corp., Macquarie Capital Markets Canada Ltd., Peters & Co. Limited, BMO Capital Markets, Cormark Securities Inc., and Dundee Securities Ltd., issued a total of 7,553,000 subscription receipts of Whitecap at a price of $16.55 per Subscription Receipt for gross proceeds of approximately $125 million .
Each Subscription Receipt represents the right to acquire, without payment of additional consideration or further action on the part of the holder, one common share of…
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