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Tag: J.P. Morgan

New Gold Closes $173 Million Bought Deal Financing

New Gold  (TSX:NGD) has announced that it has closed its previously announced bought deal financing of 61,640,000 common shares for gross proceeds of $173 million.

As quoted in the press release:
New Gold intends to use the net proceeds from the Offering to finance the completion of the construction of the Rainy

Oil Outlook 2017: Will OPEC Comply?

Oil Outlook 2017: Will OPEC Comply?

Oil prices crashed at the beginning of 2016, reaching a low of almost $27 per barrel. By the end of the year, the expectations of a turnaround had all eyes on the Organization of the Petroleum Exporting Countries and their discussions to cutback output for the first time in eight

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