NuVista Energy closes equity financings
On April 29, 2015, NuVista Energy Ltd. (NuVista) closed its public offering of 11,465,000 common shares and 2,313,000 common shares issued on a "flow-through" basis pursuant to the Tax Act (Canada) for aggregate gross proceeds of approximately C$110 million. The shares were offered through a syndicate of underwriters co-led by RBC Capital Markets and Peters & Co. Limited and including CIBC World Markets Inc., Scotia Capital Inc., FirstEnergy Capital Corp., TD Securities Inc., BMO Capital Markets and National Bank Financial Inc. at a price of C$7.85 per common share and C$8.65 per flow-through share.
In addition NuVista issued, on a non-brokered private placement basis, 231,040 flow-through shares at a price of C$8.65 per flow-through share for aggregate gross proceeds of approximately C$2 million.
Further information can be found on NuVista's website.