/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES./ CALGARY, Nov. 28, 2013 /CNW/ - Surge Energy Inc. ("Surge" or the "Company") (TSX: SGY) is pleased to announce that it has closed the previously announced financing detailed in the Company's press release dated November 6, 2013. The financing was completed in connection with the previously announced acquisition (the "Acquisition") by the Company of certain assets in Alberta. The Company issued 8,400,000 subscription receipts of the Company ("Subscription Receipts") at a price of $6.55 per subscription receipt, for gross proceeds of $55,020,000 as part of a "bought deal" financing with a syndicate of...
↧