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TORONTO, Feb. 22, 2022 (GLOBE NEWSWIRE) -- Sintana Energy Inc. (TSXV: SEI) ("Sintana" or the "Company") is pleased to announce that, due to strong investor demand, it has increased the size of its previously announced marketed public offering (the “Offering”) of units (the “Units”) of the Company. Under the amended terms, the Company intends to issue the Units at a price of $0.15 per Unit for minimum gross proceeds of $7,325,000 and a maximum gross proceeds of $11,550,000 (subject to increase pursuant to an over-allotment option to raise up to an additional $1,732,500). With respect to the upsize of the Offering, an amended and restated preliminary short form prospectus, which amends and restates the preliminary short form prospectus of the Company dated January 28, 2022, has been filed with the securities commissions or similar regulatory authorities in each of the provinces of Canada, other than Quebec (the "Canadian Jurisdictions"), and is available on the Company's SEDAR profile at www.sedar.com.
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