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MADALENA ANNOUNCES CLOSING OF $26.5 MILLION EQUITY FINANCING
MADALENA ANNOUNCES CLOSING OF $26.5 MILLION EQUITY FINANCING
About this update from Centaurus Energy Inc.
[{"type":"text","content":"\n\n\n\n Nov. 10, 2010 (Canada NewsWire Group) -- \n\n#ReleaseContent TABLE\n{\n BORDER-COLLAPSE: collapse\n}\nTR.cnwUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 1px solid\n}\nTR.cnwDoubleUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 3px double\n}\nTR.cnwBoldUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 3px solid\n}\nTD.cnwUnderlinedCell\n{\n BORDER-BOTTOM: #000000 1px solid\n}\nTD.cnwDoubleUnderlinedCell\n{\n BORDER-BOTTOM: #000000 3px double\n}\nTD.cnwBoldUnderlinedCell\n{\n BORDER-BOTTOM: #000000 3px solid\n}\n#ReleaseContent TABLE.cnwBorderedTable TD\n{\n BORDER-RIGHT: black 1px solid;\n PADDING-RIGHT: 2px;\n BORDER-TOP: black 1px solid;\n PADDING-LEFT: 2px;\n PADDING-BOTTOM: 2px;\n BORDER-LEFT: black 1px solid;\n PADDING-TOP: 2px;\n BORDER-BOTTOM: black 1px solid;\n BORDER-COLLAPSE: collapse\n}\n#ReleaseContent TABLE TD\n{\n PADDING-RIGHT: 2px;\n PADDING-LEFT: 2px;\n PADDING-BOTTOM: 2px;\n PADDING-TOP: 2px\n}\n\n\n/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/ \n\n\nTSXV Trading Symbol: MVN\n\n\nCALGARY, Nov. 10 /CNW/ - Madalena Ventures Inc. ("Madalena" or the "Corporation") is pleased to announce that it has\n closed its previously announced short form prospectus bought deal\n financing (the "Offering") with a syndicate of underwriters led by\n Wellington West Capital Markets Inc. and including Byron Securities\n Limited (the "Underwriters").  Pursuant to the Offering, Madalena\n issued 40,775,000 common shares of the Corporation ("Common Shares"),\n including 2,310,000 Common Shares issued pursuant to the exercise in\n full by the Underwriters of an over-allotment option, at an issue price\n of $0.65 per Common Share for aggregate gross proceeds of $26,503,750.\n\n\nThe net proceeds of the Offering will be used to fund the Corporation's\n ongoing capital program in the Neuquén Basin of Argentina and for\n general corporate purposes.\n\n\nMadalena is a publicly traded international junior Canadian oil and gas\n exploration company trading on the TSX Venture Exchange under the\n symbol "MVN".  The Corporation is actively evaluating international oil\n and gas opportunities with a primary focus on South America.\n\n\nThe information in this news release contains certain forward-looking\n statement...