Business
Sprott Resource Corp. Announces Filing of Registration Statement for Initial Public Offering by Independence Contract Drilling, Inc.
TORONTO , June 19, 2014 /CNW/ - Sprott Resource Corp. ("SRC" or "the Company") (TSX: SCP...
About this update from Winchester Equity Corporation
[{"type":"text","content":"\n\n\nTORONTO, June 19, 2014 /CNW/ - Sprott Resource Corp. (\"SRC\" or \"the\n Company\") (TSX: SCP) announced today that its investee company,\n Independence Contract Drilling, Inc. (\"ICD\"), has filed a registration\n statement on Form S-1 with the U.S. Securities and Exchange Commission\n (the \"Commission\") for a possible initial public offering of shares of\n its common stock. The proposed offering is expected to commence subject\n to the review process of the Commission, and subject to market and\n other conditions.\n\n\nMorgan Stanley and Barclays will act as the joint book-running managers\n for the proposed offering. The offering of common stock will be made\n only by means of a prospectus. When available, a written prospectus,\n which meets the requirements of Section 10 of the Securities Act of\n 1933, as amended, may be obtained by contacting Morgan Stanley, Attn:\n Prospectus Department, 180 Varick Street, 2nd Floor, New York, NY\n 10014; or by contacting Barclays, c/o Broadridge Financial Solutions,\n 1155 Long Island Avenue, Edgewood, NY 11717, by calling (888) 603-5847\n or by emailing [email protected].\n\n\nA registration statement relating to the securities described in this\n news release has been filed with the Commission but has not yet become\n effective. These securities may not be sold nor may offers to buy be\n accepted prior to the time the registration statement becomes\n effective. This news release shall not constitute an offer to sell or a\n solicitation of an offer to buy nor shall there be any sale of these\n securities in any state or jurisdiction in which such offer,\n solicitation or sale would be unlawful prior to registration or\n qualification under the securities laws of any such state or\n jurisdiction.\n\n\nForward-Looking Information and Statements\n\n\nThis news release contains certain forward-looking information and\n statements (collectively referred to herein as \"Forward-Looking\n Statements\") within the meaning of applicable securities laws. The use\n of any of the words \"expect\", \"anticipate\", \"continue\", \"estimate\",\n \"may\", \"will\", \"project\", \"should\", \"believe\", \"plans\", \"intends\" and\n similar expressions are intended to identify Forward-Looking\n Statements. In particular, but without limiting the forgoing, this news\n release contai...