Bengal Energy Ltd. Announces $20 Million Bought Deal Financing

Oil and Gas Investing

Bengal Energy Ltd. (TSE:BNG) enters into an agreement whereby a syndicate of underwriters led by Wellington West Capital Markets Inc. plan to purchase 11,112,000 common shares of the Company.

Bengal Energy Ltd. (TSX:BNG) enters into an agreement whereby a syndicate of underwriters led by Wellington West Capital Markets Inc. plan to purchase 11,112,000 common shares of the Company.

The press release is quoted as saying:

Bengal Energy Ltd. is an international junior oil and gas exploration and production company with assets in Australia and India.

Click here to access the entire press release

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