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Enterprise Group Announces $5.0 Million Bought Deal Offering of Units

Newswire.ca - Mon Feb 26, 2:30PM CST

/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/

ST. ALBERT, AB, Feb. 26, 2024 /CNW/ - Enterprise Group, Inc. (TSX: E) (OTCQB: ETOLF) (the "Company" or "Enterprise"), a consolidator of services to the energy sector that is focused primarily on specialized equipment rental, announces today that it has entered into an agreement with Acumen Capital Finance Partners Limited (the "Underwriter"), pursuant to which the Underwriter has agreed to purchase, on a bought deal basis, 5,882,350 units of Enterprise (the "Units") at a price of $0.85 per Unit for gross proceeds to the Company of approximately $5,000,000 (the "Offering").

Read more at newswire.ca

Provided Content: Content provided by Newswire.ca. The Globe and Mail was not involved, and material was not reviewed prior to publication.

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