SPE Spartan Energy Corp

Spartan Energy Corp. ("Spartan" or the "Company") (TSX VENTURE:SPE) is pleased
to announce that it has increased its previously announced bought deal financing
with a syndicate of underwriters co-led by Peters & Co. Limited, Clarus
Securities Inc. and GMP Securities L.P., and including TD Securities Inc.,
Dundee Securities Ltd., Desjardins Securities Inc., FirstEnergy Capital Corp.,
AltaCorp Capital Inc., Macquarie Capital Markets Canada Ltd., National Bank
Financial Inc., Paradigm Capital Inc. and Scotia Capital Inc. (collectively, the
Underwriters"), whereby the Company will now issue 34,670,000 Shares at a price
of $3.75 per Share for aggregate gross proceeds of $130,012,500 (the
"Financing"). The Underwriters will have an option to purchase up to an
additional 5,200,500 Shares, on the same terms, exercisable in whole or in part
at any time up to the 30th day following closing of the Financing. In all other
respects the terms of the Financing and the use of proceeds will remain as
previously disclosed. 


The Financing is scheduled to close on or about June 17, 2014, and is subject to
certain conditions including, but not limited to, the receipt of all necessary
approvals, including the approval of the TSX Venture Exchange.


This news release does not constitute an offer to sell or a solicitation of an
offer to buy any of the securities in the United States. The securities have not
been and will not be registered under the United States Securities Act of 1933,
as amended (the "U.S. Securities Act") or any state securities laws and may not
be offered or sold within the United States or to U.S. Persons unless registered
under the U.S. Securities Act and applicable state securities laws or an
exemption from such registration is available.


Neither the TSX Venture Exchange nor its Regulation Services Provider (as that
term is defined in the policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this news release.


READER ADVISORY 

Forward-Looking Statements. Certain information included in this press release
constitutes forward-looking information under applicable securities legislation.
All statements other than statements of historical fact may be forward-looking
statements. Forward-looking statements typically contains statements with words
such as "anticipate", "believe", "expect", "plan", "intend", "estimate",
"propose", "project" or similar words suggesting future outcomes or statements
regarding an outlook. Forward-looking statements in this press release may
include, but is not limited to, timing for completion of the Financing. These
statements involve substantial known and unknown risks and uncertainties,
certain of which are beyond the Company's control, including: the impact of
general economic conditions; industry conditions; changes in laws and
regulations including the adoption of new environmental laws and regulations and
changes in how they are interpreted and enforced; fluctuations in commodity
prices and foreign exchange and interest rates; stock market volatility and
market valuations; volatility in market prices for oil and natural gas;
liabilities inherent in oil and natural gas operations; uncertainties associated
with estimating oil and natural gas reserves; competition for, among other
things, capital, acquisitions, of reserves, undeveloped lands and skilled
personnel; incorrect assessments of the value of acquisitions; changes in income
tax laws or changes in tax laws and incentive programs relating to the oil and
gas industry; geological, technical, drilling and processing problems and other
difficulties in producing petroleum reserves; and obtaining required approvals
of regulatory authorities. Forward-looking information is based on a number of
factors and assumptions which have been used to develop such information but
which may prove to be incorrect. Although Spartan believes that the expectations
reflected in its forward-looking information are reasonable, undue reliance
should not be placed on forward-looking information because Spartan can give no
assurance that such expectations will prove to be correct. In addition to other
factors and assumptions which may be identified in this press release,
assumptions have been made regarding and are implicit in, among other things,
the timely receipt of any required regulatory approvals and the satisfaction of
all conditions to the completion of the Financing. Readers are cautioned that
the foregoing list is not exhaustive of all factors and assumptions which have
been used. 


Forward-looking information is based on current expectations, estimates and
projections that involve a number of risks and uncertainties which could cause
actual results to differ materially from those anticipated by Spartan and
described in the forward-looking information. The forward-looking information
contained in this press release is made as of the date hereof and Spartan
undertakes no obligation to update publicly or revise any forward-looking
information, whether as a result of new information, future events or otherwise,
unless required by applicable securities laws. The forward looking information
contained in this press release is expressly qualified by this cautionary
statement.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Spartan Energy Corp.
Richard (Rick) McHardy
President and Chief Executive Officer


Spartan Energy Corp.
Michelle Wiggins
Vice-President Finance and Chief Financial Officer


Spartan Energy Corp.
Suite 500, 850 - 2nd Street S.W.
Calgary, Alberta  T2P 0R8
403.355.2779 (FAX)
info@spartanenergy.ca

Spartan Energy Corp (TSXV:SPE)
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Spartan Energy Corp (TSXV:SPE)
過去 株価チャート
から 6 2023 まで 6 2024