BNK Petroleum Inc. closes $35 million bought-deal financing
CAMARILLO, CA, March 26, 2014
CAMARILLO, CA, March 26, 2014 /PRNewswire/ - BNK Petroleum Inc. (the "Company"
or "BNK") (TSX: BKX) is pleased to announce the closing of its previously
announced bought-deal, short form prospectus offering (the "Offering") through
a syndicate of underwriters led by Macquarie Capital Markets Canada Ltd. and
including GMP Securities L.P., TD Securities Inc., and Cormark Securities Inc.
Pursuant to the Offering the Company issued 15,910,000 common shares of the
Company (the "Common Shares") at a price of $2.20 per Common Share for gross
proceeds of $35,002,000.
About BNK Petroleum Inc.
BNK Petroleum Inc. is an international oil and gas exploration and production
company focused on finding and exploiting large, predominately unconventional
oil and gas resource plays. Through various affiliates and subsidiaries, the
Company owns and operates shale oil and gas properties and concessions in the
United States, Poland and Spain. Additionally the Company is utilizing its
technical and operational expertise to identify and acquire additional
unconventional projects. The Company's shares are traded on the Toronto Stock
Exchange under the stock symbol BKX.
SOURCE BNK Petroleum Inc.
Wolf E. Regener +1 (805) 484-3613
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