Delphi Energy Announces Closing of $30.25 Million Equity Offering
Investing News Network - June 3rd, 2010
Delphi Energy Corp. (TSX:DEE) announced that the company has closed the sale of 11,000,000 common shares at a price of $2.75 per share for total gross proceeds of $30,250,000.
Delphi Energy Corp. (TSX:DEE) announced that the company has closed the sale of 11,000,000 common shares at a price of $2.75 per share for total gross proceeds of $30,250,000.
The press release is quoted as saying:
Delphi Energy is a Calgary-based company that explores, develops and produces oil and natural gas in Western Canada. The Company is managed by a proven technical team. Delphi trades on the Toronto Stock Exchange under the symbol DEE.