Closing of Fundraise
Sintana Energy has closed its equity fundraise, issuing 38 million new shares to raise $11.5 million (C$15.6 million). The shares were priced at 22.5 pence on AIM and C$0.41 on TSXV. CEO Robert Bose and President Eytan Uliel each invested $250,000 in the offering. The company paid C$0.9 million in finder's fees.
Key figures
- Deal Value Usd
- 11500000
- Offering Price
- 22.5 pence (AIM) / C$0.41 (TSXV)
- Shares Offered
- 38001253
- Proceeds cad
- 15600000
- Proceeds gbp
- 8600000
- Insider investment usd
- 500000
AI analysis
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