Transaction|March 3, 2015
Crew Energy completes C$100 million bought deal equity financing
Torys acted as counsel to the underwriters led by GMP Securities and TD Securities with a team that included Scott Cochlan, Leah Dickie and Yvan Moquin.
On March 3, 2015, Crew Energy Inc. (Crew) completed its previously announced bought deal offering. A total of 16,667,000 common shares of Crew were issued by a syndicate of underwriters co-led by GMP Securities L.P. and TD Securities Inc., at a price of C$6.00 per common share, for aggregate gross proceeds of approximately C$100 million.
Further information can be found on Marketwired's website.
Crew is a growth-oriented oil and natural gas producer, primarily focused in the vast Montney resource situated in northeast British Columbia.