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Whitecap Resources Inc. Closes $470 Million Bought Deal Financing
Whitecap Resources Inc. Closes $470 Million Bought Deal Financing Whitecap Resourc...
About this update from Whitecap Resources Inc.
[{"type":"text","content":"\n\n\n\nWhitecap Resources Inc. Closes $470 Million Bought Deal Financing\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\n\n\n\n\n\nWhitecap Resources Inc. Closes $470 Million Bought Deal Financing\nCanada NewsWire\nCALGARY, May 30, 2016\n\n\n\n/NOT FOR DISTRIBUTION IN THE UNITED STATES. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF U.S. SECURITIES LAW./\n\nThis News Release shall not constitute an offer of the Common Shares or Subscription Receipts in the United States.  The Common Shares and the Subscription Receipts may not be offered or sold in the United States absent registration under the U.S. Securities Act of 1933, as amended, or an exemption from such registration. Whitecap has not registered and will not register the common shares under the U.S. Securities Act of 1933, as amended.  Whitecap does not intend to engage in a public offering of common shares in the United States.  This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any state in which such offer, solicitation or sale would be unlawful.\n\n\n\nCALGARY, May 30, 2016 /CNW/ - Whitecap Resources Inc. (\"Whitecap\" or the \"Company\") (TSX: WCP) is pleased to announce that it has completed its previously announced bought deal financing (the \"Offering\"). Pursuant to the offering, Whitecap issued a total of 51,087,000 subscription receipts of Whitecap (\"Subscription Receipts\") at a price of $9.20 per Subscription Receipt for gross proceeds of approximately $470 million.  The syndicate of underwriters is led by National Bank Financial Inc. and TD Securities Inc. and includes Scotia Capital Inc., GMP Securities L.P., RBC Dominion Securities Inc., BMO Nesbitt Burns Inc., CIBC World Capital Markets Inc., FirstEnergy Capital Corp., Peters & Co. Limited, Cormark Securities Inc., AltaCorp Capital Inc. and Macquarie Capital Markets Canada Ltd. (collectively, the \"Underwriters\").\n\nEach Subscription Receipt represents the right to receive, without payment of additional co...