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Tourmaline Oil Corp. Announces Closing Of $228 Million Initial Public Offering
Tourmaline Oil Corp. ("Tourmaline") is pleased to announce that it has closed its initial public offering of 10,000,000 common shares at a price of $21.00 per share. Concurrent with the closing of the initial public offering, Michael L. Rose and Robert N. Yurkovich, directors and senior officers of Tourmaline, purchased a total of 850,000 common shares at the offering price of $21.00 per share on a private placement basis. The gross proceeds from the offering and concurrent private placement totalled $227.85 million.

date.png24 Nov 2010 08:27 | comments.png 0 Comments | tags.png canada investing ipo tourmaline tsx [ More ]
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