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| Home : Dundee Energy Limited Announces Completion of $8.9 Million Fully Subscribed Rights Offering |
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Apr 06
2013 |
Dundee Energy Limited Announces Completion of $8.9 Million Fully Subscribed Rights Offering |
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TORONTO, ONTARIO--(Marketwired - April 5, 2013) - Dundee Energy Limited ("Dundee Energy" or the "Corporation") (TSX:DEN) announces today that it has completed its previously announced rights offering (the "Rights Offering"), which expired on April 4, 2013. The Rights Offering was fully subscribed raising gross proceeds to the Corporation of $8,886,745. The Corporation will issue an aggregate of 5,734,067 common shares and 17,787,596 "flow-through" common shares (collectively, the "Rights Shares"). The Rights Shares are issuable to eligible persons who exercised rights issued under the Rights Offering, as described in the rights offering circular of the Corporation dated February 27, 2013 (the "Circular"), a copy of which is available under the Corporation's profile on SEDAR at www.sedar.com. |
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| Source:http://www.marketwire.com/mw/release.do?id=1775844&sourceType=3 |
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