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Questerre announces Offering of Common Shares
Questerre announces Offering of Common Shares Canada NewsWire CALGARY, Jan. 23, ...
About this update from Questerre Energy Corporation Class A
[{"type":"text","content":"\n\n\n\nQuesterre announces Offering of Common Shares\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prntac{\nTEXT-ALIGN: CENTER\n}\n\n\n\n\n\n\n\nCanada NewsWire\nCALGARY, Jan. 23, 2017\n\n\n\n/THIS NEWS RELEASE IS NOT FOR DISSEMINATION OR DISTRIBUTION IN THE UNITED STATES OF AMERICA TO UNITED STATES NEWSWIRE SERVICES OR UNITED STATES PERSONS/\n\n\n\nCALGARY, Jan. 23, 2017 /CNW/ - Questerre Energy Corporation (\"Questerre\" or the \"Company\") (TSX,OSE:QEC) announced that it will be proceeding with an offering  of up to 3,000,000 Class \"A\" common shares (\"Common Shares\") at a price of $0.49 per Common Share in accordance with the rules of the Oslo Stock Exchange (\"OSE\")and the Norwegian Securities Trading Act (the \"Subsequent Offering\"). \n\n\n \n \n\n \nIn connection with the Subsequent Offering, Questerre has filed a prospectus with the Financial Supervisory Authority of Norway approved on January 20, 2017 which covers the following:\n\n\nThe listing on OSE of the 15,200,000 Common Shares issued pursuant to the Company's private placement completed in November 2016 (the \"November 2016 Private Placement\"); and \nThe listing of up to 3,000,000 Common Shares on OSE at a price of NOK 3.00 ($0.49) per Common Share pursuant to the Subsequent Offering.\n\nThe Company's shareholders as registered in the Norwegian central securities depository (\"VPS\") as of November 8, 2016 (the \"Record Date\") who did not participate in the November 2016 Private Placement and are not resident in a jurisdiction where such offering would be unlawful, or would (in jurisdictions other than Norway) require any prospectus filing, registration or similar action (\"Eligible VPS Shareholders\"), will receive non-transferable subscription rights (the \"Subscription Rights\") based on their shareholdings of that date. Over-subscription and subscription without Subscription Rights is not permitted.\n\nEach Eligible VPS Shareholder will be granted 0.0107 non-transferable Subscription Rights for each Common Share as held by such Eligible VPS Shareholder as of the Record Date rounded up to the neare...