Coelacanth Energy closes $80 million bought deal financing

1 minute read
15 November 2023

On November 15, 2023, Coelacanth Energy Inc. (TSXV: CEI) announced that it had closed its previously announced bought-deal financing of 100 million units of the company for gross proceeds of $80 million. 

The syndicate of underwriters was led by Haywood Securities Inc., as sole bookrunner, and included Eight Capital, Cormark Securities Inc., ATB Capital Markets Inc. and Acumen Capital Finance Partners Limited.

Gowling WLG was counsel to Coelacanth Energy with respect to the financing with a team led by Greg Peterson and Frank Sur, supported by Jason Mullins and Andrew Wong (corporate) and Paul Carenza (tax), with the assistance of student-at-law Jada Perkins.

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