Advantage Oil & Gas Ltd. Announces Closing of $94.1 Million Secondary Offering
of Longview Common Shares
/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE
CALGARY, Feb. 28, 2014 /CNW/ - Advantage Oil & Gas Ltd. (TSX: AAV)
("Advantage") and Longview Oil Corp. (TSX: LNV) ("Longview") announce that
Advantage has closed the sale of 21,150,010 common shares of Longview
("Longview Shares") owned by Advantage to a syndicate of underwriters led by
RBC Capital Markets and FirstEnergy Capital Corp. and including Scotia Capital
Inc., National Bank Financial Inc., CIBC World Markets Inc. and TD Securities
Inc., at a price of $4.45 per share for gross proceeds to Advantage of
Purchasers under the offering are eligible to receive the cash dividend
declared by Longview on February 14, 2014 in the amount of $0.04 per share,
which is payable on March 17, 2014 to shareholders of record on February 28,
As a result of the offering, Advantage no longer owns or controls any Longview
Shares. An early warning report for Advantage will be filed on SEDAR at
This press release does not constitute an offer to sell or a solicitation of
an offer to buy any securities of Longview in any jurisdiction in which such
offer, solicitation or sale would be unlawful. These securities have not been
and will not be registered under the U.S. Securities Act or any U.S. state
securities laws and may not be offered or sold in the United States except in
compliance with the registration requirements of the U.S. Securities Act and
applicable U.S. state securities laws or pursuant to an exemption therefrom.
SOURCE Advantage Oil & Gas Ltd.
LONGVIEW OIL CORPORATION 700, 400 -3rd Avenue SW Calgary, Alberta T2P 4H2
Phone: (403) 718-8100 Fax: (403) 718-8300 Web
ADVANTAGE OIL & GAS LTD. Suite 300, 440-2nd Avenue SW Calgary, Alberta T2P
5E9 Phone: (403) 718-8000 Fax: (403) 718-8332 Web Site:www.advantageog.com
To view this news release in HTML formatting, please use the following URL:
CO: Longview Oil Corp.
NI: OIL NEWSTK
-0- Feb/28/2014 13:23 GMT
Press spacebar to pause and continue. Press esc to stop.