Business
PETRODORADO ANNOUNCES CLOSING OF PREVIOUSLY ANNOUNCED $35 MILLION BOUGHT DEAL FINANCING AND APPOINTMENT OF NEW CFO
Mar. 1, 2011 (Canada NewsWire Group) -- /NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DI...
About this update from Rok Resources, Inc. Class B
[{"type":"text","content":"\n\n\n Mar. 1, 2011 (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 DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO U.S.\n WIRE SERVICES/\n\n\nCALGARY, March 1 /CNW/ - Petrodorado Energy Ltd. ("Petrodorado" or the "Company") (TSXV: PDQ) is pleased to announce that it has closed its previously announced\n bought deal prospectus offering (the "Offering"). The Company, through a syndicate of underwriters led by Canaccord\n Genuity Corp. and including Raymond James Ltd. and TD Securities Inc.\n (collectively, the "Underwriters"), issued a total of 53,900,000 common shares in the capital of the\n Company ("Common Shares") at a price of $0.65 per Common Share for aggregate gross proceeds of\n approximately $35 million. The Underwriters have the option to purchase\n up to an additional 8,085,000 Common Shares, exercisable in whole or in\n part at any time prior to 30 days after the date hereof, at the same\n price and terms as the Offering for additional gross proceeds of up to\n $5,255,250.\n\n\nThe net proceeds from the Offering will be used to fund the exploration\n and development of the Company's petroleum assets in Colombia, Peru and\n Paraguay and general business development, acquisitions and working\n capital purposes.\n\n\nThe Company is also pleased to announce the appointment of Sean\n Bovingdon as Vice-President and Chief Financial Officer of the Company\n as of the date hereof following the resignation ...