Tuesday, December 10, 2013

Kelt Exploration Ltd. - KEL.t

Kelt Exploration Ltd. - KEL.t focuses on exploration, development and production of crude oil and natural gas resources, primarily in west central Alberta and northeastern British Columbia.








On December 3, 2013 the company reported News

KELT EXPLORATION LTD. CLOSES EQUITY FINANCINGS FOR $101.06 MILLION

CALGARY, Alberta, December 3, 2013 (“KEL” – TSX) – Kelt Exploration Ltd. (“Kelt” or the “Company”) is pleased to announce that it has completed a bought deal private placement offering (the “Brokered Offering”) with a syndicate of underwriters led by Peters & Co. Limited and including CIBC World Markets Inc., FirstEnergy Capital Corp., RBC Capital Markets, National Bank Financial Inc., Scotia Capital Inc., AltaCorp Capital Inc., Cormark Securities Inc., GMP Securities Inc., Dundee Capital Markets and Macquarie Capital Markets Canada Ltd. (collectively, the “Underwriters”) pursuant to which the Company issued 10.0 million subscription receipts of Kelt (“Subscription Receipts”) at a price of $8.15 per Subscription Receipt for gross proceeds of $81,500,000.

_______________________________________________










http://pennystockjournal.blogspot.com/2013/12/kelt-exploration-ltd.html



Widget


Contact


RSS

Disclaimer
By using the material on this blog you agree to all the terms of this disclaimer. You agree that the use of Penny Stock Journal is at your own risk. In no event will Penny Stock Journal be liable for any direct or indirect losses caused by any information on this site or on any linked site. The materials on the site are not an offer to sell or a solicitation of an offer to buy any security, nor shall any security be offered or sold to any person, in any jurisdiction in which such offer would be unlawful under the securities laws of such jurisdiction. Penny Stock Journal makes no representations, and specifically disclaims all warranties, express, implied, or statutory, regarding the accuracy, timeliness, or completeness of any material contained in this site. Although assumed reliable, the information provided may contain falsehoods and inaccuracies. Penny Stock Journal cannot be held liable for the material contained herein. You should always seek the advice of a securities professional regarding high risk equities transactions. Penny Stock Journal does not guarantee in any way that it is providing all of the information that may be available. You should do your own due diligence before buying or selling any security. The principal of Penny Stock Journal may hold a position in any of the securities profiled on the site. Penny Stock Journal will not be responsible for reporting any changes to that position. Penny Stock Journal does not make investment recommendations. High risk penny stock speculation can result in large financial losses and is not suitable for some investors.