Business
PETRODORADO ANNOUNCES $35 MILLION BOUGHT DEAL FINANCING
Feb. 4, 2011 (Canada NewsWire Group) -- NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DIS...
About this update from Rok Resources, Inc. Class B
[{"type":"text","content":"\n\n\n\n Feb. 4, 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\nNOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO U.S.\n WIRE SERVICES\n\n\nCALGARY, Feb. 4 /CNW/ - Petrodorado Energy Ltd. ("Petrodorado" or the "Company") (TSXV-PDQ) is pleased to announce that it has entered into an agreement with\n Canaccord Genuity Corp. as lead underwriter on behalf of a syndicate of\n underwriters including Raymond James Ltd. and TD Securities Inc.\n (collectively, the "Underwriters"), for the sale of 53,900,000 common shares in the capital of the\n Company (the "Common Shares"), on a bought deal basis, at a price of $0.65 per Common Share for\n gross proceeds of approximately $35 million (the "Offering").\n\n\nIn addition, the Underwriters shall have the option to purchase up to an\n additional 8,085,000 Common Shares, exercisable in whole or in part at\n any time prior to 30 days after the Closing Date, at the same price and\n 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 Common Shares will be offered by way of a short form prospectus to\n be filed in certain provinces of Canada pursuant to National Instrument\n 44-101 - Short Form Prospectus Distrib...