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Stampede Drilling Inc(SDI-X)
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Stampede Drilling Announces Closing of Previously Announced Rig Acquisition, Closing of $26.6 Million Equity Financing, and Provides a Market Update

Newswire.ca - Tue Aug 23, 2022

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

CALGARY, AB, Aug. 23, 2022 /CNW/ - STAMPEDE DRILLING INC. (TSXV: SDI) ("Stampede", or the "Corporation") is pleased to announce it has closed its acquisition of six drilling rigs and related assets (the "Acquisition") and its public offering of common shares (the "Offered Shares") for aggregate gross proceeds of approximately $26.6 million (the "Offering").

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