Ceiba Energy closes $16.1 million bought deal equity private placement (Scandinavian Oil-Gas Magazine)

Ceiba Energy closes $16.1 million bought deal equity private placement

Published Jul 28, 2014

Ceiba Energy Services Inc. has closed its previously announced $16.1 million bought deal financing of 23,000,000 common shares of the Company (Common Shares) at $0.70 per Common Share on a private placement basis (the "Private Placement") with a syndicate of underwriters co-led by Peters & Co. Limited and Clarus Securities Inc. and including Canaccord Genuity Corp., Scotia Capital Inc. and Jennings Capital Inc.

The Common Shares issued under the Private Placement will have a hold period of four months plus one day from today. Ceiba now has 101,923,327 Common Shares outstanding.

Tags: Ceiba Energy Services Inc.

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