CALGARY, AB, March 23, 2023 /CNW/ - Journey Energy Inc. (TSX: JOY) (OTCQX: JRNGF) ("Journey" or the "Company") is pleased to announce it has closed the bought deal flow-through share financing that was previously announced on March 1, 2023. The full 15% over-allotment was exercised bringing the total equity issuance to 3,040,031 flow-through common shares (the "Flow Through Shares") at a price of $6.62 per share for total gross proceeds of $20,125,005. The financing was successfully concluded by Journey's syndicate of underwriters, which included StifelFirst Energy, as lead underwriter and sole book-runner, and also included Cormark Securities Inc., Acumen Capital Finance Partners Limited, Eight Capital and Peters & Co. Limited.
Read more at newswire.caJourney Energy Inc. Announces Closing of Bought Deal Public Offering of Flow-Through Common Shares
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